Gold ends lower after three days of gains, as a tentative U.S. budget deal returned the focus to the Federal Reserve's stimulus plans.
The euro rose for a seventh straight session against the dollar on Wednesday, driven by a combination of higher money market rates and a growing belief that the European Central Bank will keep interest rates low for some time but not cut them.
Gold prices slid as expectations grew that the Fed would reduce its huge stimulus program after a provisional budget deal.
Stocks retreated for a second session Wednesday, with the S&P seeing its biggest loss in nearly five weeks, as the provisional budget deal in Washington raised speculation that the Federal Reserve could pull back on its stimulus program soon.
European equities closed lower on Wednesday after a U.S. budget deal added to expectations the Fed will scale back stimulus soon.
U.S. stocks ran sharply higher on Friday, with the S&P 500 bouncing back after a five-session drop.
Crude was mixed on Thursday, amid the possible re-opening of major Libyan ports and expectations the Fed may soon curb stimulus.
Crude oil fell as a report showed a build in gasoline stocks and Libya said its ports could reopen by the weekend.
Asian stocks declined on Wednesday following a weak handover from Wall Street and as investors showed little reaction to news of a U.S. budget deal.
U.S. stock index futures wavered on either side of neutral Wednesday after U.S. lawmakers reached a deal to fund the government past mid-January added to expectations the Federal Reserve will start cutting back its stimulus program.
U.S. stocksfell on Tuesday, with the S&P 500 retreating from a record close.
U.S. stock index futures pointed to a higher open on Tuesday, ahead of the publication of the JOLTS jobs openings report.
U.S. Treasurys prices rose as investors focused on when the U.S. central bank is likely to pare back this $85-billion-a-month buying program.
European equities closed higher on Monday, still posting gains after a rally on U.S. jobs data last Friday.
European equities closed lower on Tuesday as investors remained cautious over the timing of the Fed's reduction of its stimulus program.
U.S. crude rose on Tuesday, reacting to news of progress toward the opening of a major pipeline that will transport oil from the Midwest.
Gold settled more than 2 percent higher and near a three-week high on Tuesday, boosted by technical buying.
Asian markets declined in tepid trade on Tuesday as investors digested a raft of Chinese economic reports and ignored a record close on Wall Street.
U.S. stocks closed higher for a second session on Monday as Wall Street weighed moves by the Fed.
Oil fell as well-supplied markets and limited demand from European refiners pushed prices lower.