The dollar soared against the euro and yen after data showing U.S. job growth unexpectedly accelerated in October.
Asian shares were lower on Thursday as caution ahead of the ECB meeting overshadowed potential gains from Wall Street's record finish.
Gold settled nearly 2 percent lower after U.S. job creation in October blew past expectations.
Gold ended down after strong U.S. jobs growth reignited speculation the Fed could start scaling back its stimulus.
The dollar paused in its advance against the euro on Monday after two days of strong gains.
Asian stocks tumbled on Friday as Wall Street's sell-off overshadowed upbeat Chinese trade data ahead of the US jobs report.
U.S. stocks fell on Thursday, with the Dow Jones Industrial Average halting its record advance and Twitter's market debut drawing the spotlight, as investors reacted to an unexpected rate cut by the European Central Bank and a read on third-quarter U.S. economic growth.
U.S. stock index futures pointed to a higher open on Wall Street on Thursday.
Crude oil slid to a four-month low on Thursday, pressured by the dollar, plentiful supplies and continued progress in talks between Iran and the West.
Gold fell to a three-week low, surrendering initial gains made after the European Central Bank cut interest rates to a record low.
Crude rose but remained within view of its lowest since early July, as Western powers stepped up efforts to reach a deal with Iran.
The euro fell to a more than seven-week low against the dollar after the European Central Bank shocked investors by cutting interest rates.
European equities closed lower on Tuesday after the European Union's Commission released a relatively subdued outlook for the economy.
U.S. stocks mostly climbed on Wednesday, with the Dow Jones Industrial Average closing at another record, as investors bought into optimism that the Federal Reserve would continue its stimulus.
Bond prices rose from technical support levels as investors waited for U.S. employment data and speeches by major Federal Reserve officials.
U.S. crude futures rebounded from four-month lows on unexpectedly large falls in U.S. fuel supplies.
Gold halted its longest losing streak in nearly six months, amid expectations the Fed will extend its monetary stimulus.
The euro rose as stronger-than-expected German industry data increased uncertainty over whether the ECB would cut interest rates this week.
Brent crude futures rose above $106 a barrel on Monday as tensions in major oil exporter Libya escalated.
Japan's benchmark index outperformed on Wednesday while the rest of Asian shaares were subdued as investors awaited direction from central banks.
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