Asian stocks rose on Friday, while sterling hit a five-week low, after two of Europe's most important central banks surprised the market by assuring investors they were in no hurry to wind down stimulus.
But markets were cautious as they waited for a US jobs report that could bolster, or derail, the case for the Federal Reserve to start dialling down its asset-buying programme this year. The report is due at 1230 GMT.
European shares were seen headed for a mixed open. Financial spreadbetters expect Britain's FTSE 100 to open around 0.28% higher, Germany's DAX to open flat, and France's CAC 40 to open down 0.11%.
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.7%.
Regional shares were broadly higher, with Australian shares climbing 1% and Hong Kong shares rising 1.7%. Japan's Nikkei average closed 2.1% higher and touched a five-week high.
"The market has welcomed the policy responses that European central bankers made overnight," said Kyoya Okazawa, head of global equities and commodity derivatives at BNP Paribas in Tokyo. "It is bulk-buying of Nikkei futures that's driving shares higher."
South Korean shares slipped 0.3%, lagging behind Asian peers as index heavyweight Samsung Electronics Co slid 3.8% after missing quarterly earnings forecasts.
"Samsung Electronics was an expected negative, yet the market is still responding sensitively to it. It is a big drag on the overall market today," said Kim Young-june, a market analyst at SK Securities.
Asian equities gained a lift after European shares rallied on Thursday following dovish policy statements by the European Central Bank and the Bank of England.
Breaking away from its tradition never to precommit on policy, the European Central Bank declared it would keep interest rates at record lows for an extended period and may even cut further. The Bank of England also cautioned investors they were being too quick to bet on higher UK rates.
Currency investors took the central banks' guidance as a green light to sell the euro and sterling.
The pound hit a fresh five-week low of $1.5026 on Friday and last stood at $1.5044, down 0.2% on the day.
The euro slipped 0.2% to about $1.2893, hovering near a five-week trough of $1.2883 set on Thursday.
"The unprecedented adoption of forward guidance by the ECB further increases the divergence in monetary policy versus the prospect of Fed tapering," said Olivier Korber, strategist at Societe Generale.
"The topside risk in euro short rates and therefore in EUR/USD is drastically reduced for the year to come," he wrote in a report, advising clients to keep short euro positions.
The firmer greenback weighed on some commodity prices that are priced in US dollars, with gold slipping 0.8% to $1,239.51 an ounce.