Forex Market Update

The euro recorded its largest weekly decline against the dollar since September 2011 Friday.

The euro EURUSD, +0.00%  traded in a tight range around $1.2400 against the greenback after falling to $1.1115, its lowest level since September 2003. The shared currency traded at $1.1361 late Thursday. The euro EURJPY, +0.00%  also pulled back from ¥130.93, its lowest level against the Japanese yen since October 2013. The shared currency was worth ¥132.4500 in recent trade, EURJPY, +0.00% compared with ¥134.65 Thursday.

The aussie AUDUSD, +0.00% extended its declines from earlier in the week, falling to below 80 cents for the first time since July 2009. It was last trading at a session low of 79.13 cents, compared with about 80 cents Thursday.

SGX Singapore News Update

Singapore shares rallied, tracking the overnight performance of Europe as well as the US after the European Central Bank expanded its asset-buying programme. Oil jumped after Saudi Arabia's King Abdullah died.

At 12:55 p.m., the benchmark STI was up 38.37 points or 1.14% to 3,408.66, hitting its highest in more than 1 1/2 years In the broader market, more than 1 billion shares valued at $750 million changed hands. Gainers outnumbered losers 269 to 127.

Gasoline Market Update

Elsewhere in energy trading, gasoline for February RBG5, +1.16%  rose 2 cents, or 1.3%, to end at $1.3479 a gallon on Nymex, while February heating oil HOG5, +0.27%  rose a penny, or 0.5%, to $1.6467 a gallon on Nymex. On the week, gasoline lost 0.8% and heating oil 1.1%.

Natural gas also for February delivery NGG15, +4.66%  ended 15 cents higher, or 5.3%, at $2.9860 per million British thermal units.