FXstreet.com (Barcelona) - U.S. markets are going through losses with financials and materials leading the path, as risk aversion returned after Thursday's optimism. Dollar and Yen are trimming yesterday's losses.

Dow Jones Industrial Average declines 0.9%, while the Nasdaq Index drops 0.5%, and the S&P Index sheds 0.75 two hours after the opening times.

Stock markets seems to have returned to the downward path seen in the four sessions previous to Thursday, when stocks soared following a sharper than expected GDP growth. On Friday's session, financials are leading losses with JP Morgan Chase and Bank of America dropping beyond 2.0% each.

On the macroeconomic front¡t, U.S. consumer spending declined 0.5% in September, the largest decline since December 2008. Personal income remained flat compared to August.

Dollar trims Thursday's losses

EUR/USD rally reached 1.4855 high on early European session and the Euro has remained consolidating above 1.4820 for some time until the pair broke to the downside reaching 1.4750 low on early U.S. session.

GBP/USD rally was capped at 1.6600 and the Pound has pulled down slowly to reach levels right below 1.6500, hitting a session low at 1.6487. At the moment, the pair trades at 1.6515.

USD/JPY pullback from 91.60 high on Thursday has found support at 90.85, and the Dollar remains consolidating in a range from the mentioned support to 91.25/30 on the upside.