FXstreet.com (Barcelona) - European markets have opened with losses on Friday, following declines in Wall Street yesterdays, major currencies hover below yesterday highs reached against the Dollar.

Investors seem to be taking profits after a rather positive week in Europe, and Eurstoxx 50 Index is going through losses by 0.86% after the first hours of trading; Barclays Bank has lead the decline of Bank shares.

Euro, Yen and Pound consolidation continues

The Euro has attempted a rally towards yesterday's high at 1.3740, turning down some pips before the mentioned level, at the moment, the pair trades around 1.3700.

GBP/USD has bounced up strongly at 1.4430 to test yesterday's high at 1.4597, but it has failed to break through and has dropped back towards 1.4500.

USD/JPY has also attempted to pick up after having reached intra-day lows at 94.15 to test 9464 resistance level, at the moment the pair is trying to break above 94.64 and rise towards 94.83 intra-day high.