The dollar jumped to an 11-1/2 year high as U.S. employment growth bolstered market sentiment that the Fed was closer to raising interest rates.
Gold fell nearly 12 percent after the closely watched employment report came in better than expected.
Brent steadied near $60 on Friday as a stronger dollar balanced worries over the impact of fighting in Libya and Iraq on oil production.
U.S. stock index futures indicated a flat to higher open, as investors attempted to find confidence following Friday's strong jobs report.
Asian shares largely rose on Friday, supported by a stronger close on Wall Street overnight, with Japanese and South Korean markets scaling fresh highs.
U.S. stocks closed higher, breaking two days of losses amid details of QE in the euro zone and anticipation of Friday's nonfarm payrolls report.
Bonds hoovered around the flat line after comments by ECB President Mario Draghi bolstered Treasurys' attractiveness compared with European bonds.
European equities ended higher on Thursday after the ECB's President Mario Draghi set a date for sovereign bond purchases to start.
Gold rose slightly after the European Central Bank offered details on its massive bond-buying program.
Oil fell in volatile trade on Thursday in the face of a strong dollar and the U.S. commitment to forge a nuclear deal with Iran.
The euro fell on Thursday below $1.10 for the first time since 2003 and the U.S. dollar added to gains.
U.S. stock index futures signaled a lower open on Friday after fluctuating as investors digested February's employment report.
Asian stocks traded mostly lower on Thursday as China set its gross domestic product (GDP) growth target at 7 percent for 2015.
U.S. stocks closed lower amid a series of economic data that continued to show moderate growth ahead of Friday's key jobs report.
Treasurys were flat after a weaker-than-expected reading on private payrolls growth contrasted with stronger-than-expected services sector data.
European equities finished higher on Wednesday as investors geared up for the European Central Bank's policy meeting on Thursday.
The dollar reached highs on Wednesday on solid U.S. jobs and business data, as the euro sank below $1.11 to an 11-1/2 year low.
US crude futures closed up $1.01, at $51.53 a barrel, with their discount to Brent narrowing to less than $10 a barrel, after the announcement.
Gold rose on Wednesday, helped by lower European shares but a stronger dollar ahead of major U.S. economic data weighed.
Indian shares led gains in Asia Wednesday after a surprise rate cut by the Reserve Bank of India, while the rest of the region traded mixed.
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