Euro fell in American trade away from Early October highs against the greenback, while still heading for the first weekly loss in three, following earlier data from the euro zone and the US today. 

As of 04:58 GMT, EUR/USD shed 0.25% to 1.1564, with an intraday low at 1.1535, and the highest since early October at 1.1610. 

Earlier German data showed consumer prices rose 0.4%, up from 0.1% in August, while industrial output for whole euro zone rose 1.0%, compared to a 0.7% drop in July, and beating estimates of 0.4%. 

Otherwise, earlier US data showed import prices rose 0.5%, compared to a 0.4% drop in August, while University of Michigan released the preliminary reading for its consumer sentiment survey, which came at 99 in October, down from 100.1 in September, and missing estimates of 100.4. 

Wall street opens the last session of the week higher, with the tech sector leading the charge higher after marking the steepest decline in eight months in the last two sessions, as the third-quarter earnings season opens up. 

Earlier US data showed import prices rose 0.5%, compared to a 0.4% drop in August, while University of Michigan released the preliminary reading for its consumer sentiment survey, which came at 99 in October, down from 100.1 in September, and missing estimates of 100.4. 

US President Donald Trump renewed his criticism of the Federal Reserve's policy tightening, accusing them and the treasury secretary of making the most problems for America, even over the trade dispute with China. 

In a Pennsylvania rally, Trump said the Federal Reserve has gone "crazy" with its latest rate hikes, while noting that stocks are undergoing a normal correction after a succession of record highs. 

Otherwise, International Monetary Fund head Christine Lagarde expressed her support for China's moves to maintain the flexibility of its exchange rate, while noting the Fed's decisions shouldn't be considered "crazy". 

In another note, US Treasury Secretary Steven Mnuchin said he wasn't surprised by the sharp correction in the stock market, maintaining that the US economy's foundation are very strong despite what recent market volatility would've insinuated.  

On Sunday, the People's Bank of China cut reserve requirements for Chinese banks for the fourth time this year amid attempts to ease policies and bolster spending. 

The IMF cut its forecasts for global growth for this year and the next for the first time in two years, with US and Chinese economies the most important downgrades alongside the euro zone due to rising trade protectionism. 

Stock Performance 

As of 02:58 GMT, Standard and Poor's 500 rose 1.45%, or 39.20 points to 2,767.57, while Dow Jones climbed 1.15%, or 287.20 points to 25,340.03. 

Tech-heavy NASDAQ rose 2.06%, or 151.53 points to 7,480.59. 

Gold futures tilted lower in American trade off early August highs, as the dollar index climbed for the first session in four, following earlier data from China, the world's largest metals consumer, and the US. 

As of 02:45 GMT, gold futures due in December fell 0.35% to $1,223.30 an ounce away from ten-week highs, while the dollar index rose 0.31% to 95.31. 

Earlier Chinese data showed the trade surplus widened to 213 billion yuan, or $30.9 billion, from 180 billion yuan, or $26.1 billion in August, easily beating estimates of $12.3 billion. 

Earlier US data showed import prices rose 0.5%, compared to a 0.4% drop in August, while University of Michigan released the preliminary reading for its consumer sentiment survey, which came at 99 in October, down from 100.1 in September, and missing estimates of 100.4. 

Gold futures surged $30 yesterday on track for second weekly gains, before falling on profit-taking today as the stock markets recover around the globe from recent heavy losses. 

US President Donald Trump renewed his criticism of the Federal Reserve's policy tightening, accusing them and the treasury secretary of making the most problems for America, even over the trade dispute with China. 

In a Pennsylvania rally, Trump said the Federal Reserve has gone "crazy" with its latest rate hikes, while noting that stocks are undergoing a normal correction after a succession of record highs. 

Otherwise, International Monetary Fund head Christine Lagarde expressed her support for China's moves to maintain the flexibility of its exchange rate, while noting the Fed's decisions shouldn't be considered "crazy". 

In another note, US Treasury Secretary Steven Mnuchin said he wasn't surprised by the sharp correction in the stock market, maintaining that the US economy's foundation are very strong despite what recent market volatility would've insinuated.  

On Sunday, the People's Bank of China cut reserve requirements for Chinese banks for the fourth time this year amid attempts to ease policies and bolster spending. 

Otherwise, Gold holdings at SPDR Gold Trust, the world's largest gold-backed investment fund, steadied on Thursday at 738.99 tonnes, the highest since early October, after prices marked the sixth monthly loss in a row in September, the longest such losing streak since late 1996. 

Copper futures rose in American trade away from September 20 lows, on track for the first weekly loss in three, while the dollar index climbed off September 28 lows, following earlier data from China, the world's largest metals consumer, and the US. 

As of 02:32 GMT, copper futures due in December rose 0.48% to $281.65 a pound away from three-week lows, while the dollar index rose 0.31% to 95.31 away from two-week lows. 

Earlier Chinese data showed the trade surplus widened to 213 billion yuan, or $30.9 billion, from 180 billion yuan, or $26.1 billion in August, easily beating estimates of $12.3 billion. 

Earlier US data showed import prices rose 0.5%, compared to a 0.4% drop in August, while University of Michigan released the preliminary reading for its consumer sentiment survey, which came at 99 in October, down from 100.1 in September, and missing estimates of 100.4.