The dollar rose on Tuesday in thin pre-holiday trade as increasing evidence of a solid recovery in the United States reinforced convictions the Federal Reserve will continue to step away from its bond buying stimulus.
Gold settled higher after a retreat in the dollar helped prices recover.
Gold settled higher on Friday, after an early dip to a six-month low, but is still on track for its largest annual loss in 32 years.
U.S. stocks climbed on Monday, with the Dow industrials and S&P 500 furthering their record advance.
European equities closed higher for a fourth consecutive session on Monday, as upbeat U.S. sentiment data buoyed investors' spirits.
European equities closed higher on Wednesday, as investors prepared for the outcome of the Fed's final policy meeting of the year.
China's benchmark Shanghai Composite closed at its lowest levels since August 23 on Friday due to concerns of tight liquidity.
U.S. crude oil futures settled higher, spurred by refiners needing oil to meet robust distillate exports and on short-covering demand.
The dollar fell against the euro on Monday in illiquid trade, but optimism about the U.S. economy despite the Federal Reserve starting to withdraw some of its stimulus capped the currency's losses.
European equities closed lower on Tuesday as investors looked ahead to the U.S. Federal Reserve's last policy meeting of the year.
Stocks climbed on Friday, with the Dow and S&P 500 scoring record closes.
European equities closed higher as investors around the world reacted to the Fed's winding down of its stimulus program.
Crude was boosted on Friday by a positive outlook for U.S. fuel demand and reduced Libyan supply.
Asia stocks were mostly higher on Thursday after the Fed unveiled a cut in stimulus and vowed to keep rates low but China underperformed on liquidity fears.
Stocks surged on Wednesday after Fed said it will cut stimulus.
The dollar hit a five-year high versus the yen on Friday as markets focused on the divergence between U.S. and Japanese monetary policy, driving U.S. Treasury yields higher after Wednesday's Fed decision to start cutting bond-buying.
Oil rose on Wednesday, as investors took in stride a decision by the U.S. Federal Reserve to trim its monetary stimulus.
U.S. stocks surged on Monday as Wall Street tried to measure what's ahead for stimulus.
Japanese stocks outperformed on Wednesday on hopes that Prime Minister Shinzo Abe will unveil details on key reforms.
The dollar traded near a five-year high against the yen on Thursday, a day after the Federal Reserve announced its long-awaited first cut in its bond-buying program.
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