The U.S. dollar saw its biggest rally since May on Friday in Asian markets, with economic data reinforcing expectations for a rate increase by the end of 2015.
On a seven-week high, the dollar index moved up 1.5 percent this week and steadied against major currencies. The dollar is at a three-week rebound against the yen at 124.23. The Euro, on the other hand, is at a seven-week low at $1.0854, according to Reuters
The MSCI World Index saw a 2.2 percent increase this week, its biggest gain for the week since May.
China stocks were up 3.5 percent as of 0520 GMT as the series of government stop-gap measures take effect on its second consecutive day, The Street reported.
Shanghai-based stock analyst Zhang Qi told Reuters that China's "national team" mentality has continued the stock buying mania, thus preventing the stock market from crashing.
The recovery of the Chinese stock markets had an impact on the broad MSCI index of Asia-Pacific shares outside Japan, which moved up 0.4 percent.
Nasdaq's 100 index futures advanced with Google leading due to its positive earnings report.
The yield on German 10-year bonds fell two basis points to 0.82 percent by 7:25 a.m. in New York, according to Bloomberg.
