The EUR/USD fell in a highly volatile week, which saw the pair climb to a one-month high before falling back on Friday afternoon. Lower-than-expected Eurozone retail sales data also pressured the Euro.
The British pound edged higher as stronger-than-expected data gave sterling a break from ongoing fiscal concerns.
The USD/JPY climbed slightly, reflecting mixed Japanese data and cautious statements about further rate hikes from the Bank of Japan.
Gold prices recorded their largest weekly increase in months, with the metal jumping to a new all-time high amid rising expectations of a potential 50 basis point rate cut in September after lower-than-expected NFP data on Friday.
The US S&P 500 stock price jumped to a fresh record high as optimism over AI continued after Broadcom posted blowout earnings, sending its stock price and the sector surging and bringing the season to a close.
Oil prices dropped after the latest White House deadline to Russia of September 5th passed without sanctions or additional tariffs. OPEC+ met on September 7th and agreed to increase output by 137,000 bpd from October.