The Eurodollar increased to an almost two week high. The US dollar lost momentum against most of its rivals following a much weaker than expected GDP reading last week.
The British pound rebounded from five month lows and the pair pushed firmly higher by Friday’s close.
The USD/JPY jumped to hit a thirty four year high after the Bank of Japan decided to leave interest rates unchanged.
Gold prices declined to record an almost three-week low. The precious metal pulled back after Iran indicated it was unlikely to respond to an earlier Israeli attack.
Stock indexes prices bounced back in the busiest week for the earnings season so far. Facebook, Microsoft and Google all posted better than expected results in a positive trading week for most tech stocks.
Oil prices grew to record a one week high by close of business on Friday. Falling US inventories data, suggested that oil demand in the US was picking up and helped to provide support for oil prices.