• US Dollar rises across the board after US data. 
• US bond yields and stocks rise despite weaker economic figures. 
• GBP/USD erases most of the week’s gains on Friday. 

The US dollar is rising sharply on Friday, trimming weekly losses after the release of US economic data. GBP/USD is falling almost a hundred pips on the day, trading at 1.2445. 

The pair changed its course after reaching a fresh multi-month high on Asian hours at 1.2546. From the top it dropped more than a hundred pips, and bottomed after Wall Street’s opening bell at 1.2435.