Reuters

The U.S. dollar rose to a two-week high against a basket of currencies on Friday on rising U.S. yields.

Canada’s annual inflation rate in March edged up to 2.3 percent from 2.2 percent in February, the highest level in more than three years.

Trading activity on cryptocurrency exchanges has halved from its December peak, industry data shows.

The euro weakened below $1.23 on Friday and is poised for its biggest weekly drop in two months.

Oil prices were set for a second consecutive week of gains, buoyed by tightening supplies and continued support from OPEC.

European shares dipped on Friday at the end of a strong week as a rally in commodities softened, sparking profit-taking among mining stocks.

The British pound flirted with two-week lows against the dollar following comments from the BOE chief and soft UK retail sales data.

Shares slipped as a warning on smartphone demand slugged the tech sector, while high oil prices stirred inflation fears.

The dollar gained on higher U.S. bond yields and expectations of more rate increases from the Federal Reserve.

U.S. stock index futures edged lower on Thursday, as the effect of higher oilprices was offset by declines in chipmakers.