The Eurodollar climbed to a ten-day peak with weaker data and softer labor figures adding to growing expectations of a Fed rate cut in September.
The British pound grew to post a two-week high on Friday after the Bank of England cut rates by 25 basis points to 4%, but officials signaled this could be the last cut for some time.
The USD/JPY inched higher with the volatile pair impacted by competing geopolitical and monetary forces. The yen was underpinned by growing expectations of a rate hike by the end of the year.
Gold prices rose to two-week highs as traders focused on the potential impact of US tariffs on a number of countries and on Fed rate cuts, which are expected to take place this year.
U.S. stocks pushed higher as better-than-expected earnings from most companies combined with positive news that Apple will bring manufacturing back to the US, thus evading any potential tariffs.
Oil prices slipped to a two-month low after President Putin reportedly agreed to meet President Trump on April 15th. The summit aims to address the conflict in Ukraine. The development suggested that Russia could avoid oil sanctions, which the US had previously threatened.