• The dollar stood atop large gains early on Friday after soaring broadly overnight on comments by U.S. President Donald Trump that he would announce the most ambitious tax reform plan since the Reagan era in the next few weeks.
The dollar index against a basket of major currencies was up 0.1 percent at 100.710, its highest in three days. The index was poised to rise 0.8 percent on the week.
The euro was steady at $1.0657 after losing 0.4 percent the previous day. The common currency was on track to shed more than 1 percent on the week, during which it was dogged by perceived political risks facing the euro zone.
The dollar extended its overnight rally and edged up to a nine-day high of 113.665 yen.
• The weekly jobless claims report released by the U.S. Department of Labor on Thursday showed new claims falling by 12,000 to a 234,000 level, a figure which analysts note was far better-than-expected and below even the most optimistic estimates of the consensus range.
• Federal Reserve Bank of St. Louis President James Bullard said the central bank ought not rush to raising interest rates next month because uncertainty over the Trump administration’s fiscal policies clouds the U.S. economic outlook.
• President Donald Trump's "wall" along the U.S.-Mexicoborder would be a series of fences and walls that would cost as much as $21.6 billion, and take more than three years to construct, based on a U.S. Department of Homeland Security internal report seen by Reuters on Thursday.
• Oil prices held onto gains on Thursday with U.S. prices rising on evidence that gasoline demand could strengthen in the world's biggest oil market, although bloated crude supplies meant that fuel markets remain under pressure.
Benchmark Brent crude LCOc1 settled up 51 cents at $55.63 per barrel. U.S. light crude CLc1 settled 66 cents higher at $53 a barrel.
Reference: Reuters, Bloomberg, CNBC
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