The EUR/USD retreated to a near four week low after reports, which were later denied, suggested that European Central Bank President Lagarde might quit before the end of her term next year.
The British pound declined despite stronger than expected UK retail sales and other data, as the greenback strengthened against its rivals.
The USD/JPY rose to a ten day peak after Japanese inflation data came in lower than expected, decreasing the chances of Bank of Japan rate hikes in the immediate future.
Gold prices climbed after the US Supreme Court ruled that many emergency tariffs ordered by President Trump were illegal, creating uncertainty in the markets over the administration’s next moves on global trade.
US S&P 500 stocks traded higher after lower than expected US GDP data late in the week was attributed to the government shutdown. Stocks like Amazon were also boosted by the striking down of tariffs.
Oil prices surged to a six month peak after President Trump told Iran it had less than two weeks to sign up to a deal or would have to face serious consequences.