On Friday euro and British pound started strengthening in regards to euro and dollar, as European Union and the UK agreed on draft text determining their future relationships, Reuters reports.

However, investors were not inspired too much and euro along with pound grew by 0,2% and 0,8% respectively. Traders still need more clarity on Brexit deal.

Dollar index measuring its value compared with six major currencies slightly declined to 96,46. Its weakness was mostly caused by stronger euro and pound. It shall be noted that dollar is losing ground for a second day moving away from 16-month high, which was reached earlier in November.

Analytics concerned about how far US Fed can go in rising interest rates without threatening economic growth.

Yen is relatively stable at 112,96 per dollar. Unlike US Fed, Bank of Japan is going to keep with ultra-loose monetary policy due to weak growth and low inflation.

Australian dollar lost 0,08% to $0,7251. It is expected that it will continue weakening slightly ahead of US-China meeting at summit in Argentina at the end of this month.