The Eurodollar increased firmly, hitting a more than two week high towards the end of the week amid reports that the US and EU are close to signing a trade deal.
The British pound edged higher paring most of its gains made earlier in the week as expectations built that the Bank of England might order a rate cut in August.
The USD/JPY declined after a US Japan trade deal reduced market risk aversion and provided support to the yen. Prime Minister Ishiba also stated he will remain in office following an election defeat in the upper house.
Gold prices fell slightly with the precious metal under pressure following US trade deals with Japan and speculation that a US EU trade deal will be signed within days.
The USA500 hit five successive days of all-time highs last week. Stock traders toasted US moves towards trade deals and positive earnings results from companies like Google amid widespread market optimism.
Oil prices slipped to a one week low amid reports that OPEC might increase production by more than expected in August. However, US inventories fell last week and US trade deals suggest a potential turnaround for oil prices might also be possible.