United States stocks mixed, still on pace for another winning week


USD/CAD is supported at 1.3274 levels and is trading at 1.3324 levels.

The Fed increased its benchmark interest rate (http://www.marketwatch.com/story/fed-raises-interest-rates-by-a-quarter-point-sees-two-move-moves-this-year-2017-03-15) by 25 basis points, noting that headline inflation is "moving close" to its 2% target The dot plot, a table of policymakers' projections for short-term rates, showed more unity among the central bankers about their interest-rate forecast and indicated two more hikes this year.

That helped Amsterdam's AEX stock index climb to its highest level in more than nine years, while both Germany's DAX and France's CAC 40 hit their highest levels since mid-2015 as fears eased that the euro zone was heading inexorably towards a break-up. Oil prices slipped as support from a weaker dollar was offset by USA crude inventories near record high levels.

Oil prices rebounded after the International Energy Agency said in its latest monthly report that OPEC crude producing nations were complying with a landmark deal to curb a global supply glut. USA light crude settled 11 cents lower at $48.75 a barrel.

As yields recovered a little on Thursday, currency traders bought back cautiously into the dollar, with its basket index - which measures it against six major peers - slightly above the one-month low it had hit in the immediate aftermath of the Fed but still down on the day.

"The Fed's plan to stick to three rate hikes gave the green light for investors to focus on economic and corporate growth". The jobless rate rose to 5.9 percent, compared with analysts' expectations for a steady 5.7 percent, data from the Australian Bureau of Statistics showed on Thursday.

USA stocks slipped on Thursday pressured by healthcare shares as traders cashed in gains from one of the best performing sectors so far this year.

The Dow Jones Industrial Average slipped 0.1% to close at 20,937.82.

Early Friday, spot silver rose 0.3% to $17.33 U.S.an ounce, having hit a peak since March 7 in the prior session.

The 10-year Treasury yield fell to 2.51 percent from 2.54 percent late Thursday.

Still, some market strategists see near-term headwinds for precious metals, especially since the bullish sentiment spurred by President Donald Trump's proposals to juice the US economy through fiscal-stimulus measures haven't entirely vanished.

The two-year Treasury yield rose to 1.31% from 1.30%, and the 30-year yield rose to 3.13% from 3.11%. The price is still almost $7 below January's post-deal peak of $58.37.

USA stocks were mixed in early trading Friday, and indexes made only small moves for the second straight day. The U.K.'s FTSE 100 rose 0.6 percent and closed at a record high.

Tyson Foods slipped 1.9 percent on news that a form of bird flu that is highly lethal for poultry had infected a second commercial chicken flock.