As a result of the latest Italian developments, Europe failed to follow Asian peers higher which however rose on news that China has offered a $200BN deficit-reduction deal, only for China to deny that was the case as the Asian session drew to a close.
With nothing seemingly able to stop it, the Bloomberg Dollar Spot index heads for its longest streak of weekly gains since July 2015.
The US was a little mixed in nature, with initial jobless claims increasing to 222k as against consensus of 215k while the Philly Fed surprised significantly on the upside by reaching 34.4 (highest since June 2017), as against Bloomberg consensus of 21 and the previous read of 23.2.
In terms of the day ahead then, it's another fairly quiet morning for data in Europe with the April PPI print in Germany and the March trade balance reading for the Eurozone the only data of significance.
It's similarly quiet in the US with no releases to highlight however we are due to hear from the Fed's Mester at 8am BST this morning when she speaks on monetary policy at an ECB conference in Frankfurt, followed by Kaplan and Brainard at separate events at 2.15pm BST this afternoon.