The EUR/USD declined to its lowest level in three weeks after higher than expected US GDP data boosted the value of the greenback against most of its rivals.
The British pound dropped to a seven week low driven by slowing UK economic momentum and fiscal concerns while strong US data pressured the pair downwards.
The USD/JPY climbed to multi month highs amid an unresolved political crisis in Japan following the resignation of Prime Minister Ishiba. Traders also remain concerned about the impact of US tariffs on Japanese industry.
Gold prices saw another week in the green with the yellow metal rising above $3790 for the first time. Developments in the Middle East and suspected Russian drones in NATO countries airspace have increased global tensions and boosted prices.
US S&P 500 stocks fell after three successive weeks of gains after they test another all time high early in the week. Stocks pulled back on profit taking and following data suggesting that inflation might endure.
Oil prices jumped after Ukrainian attacks on Russia oil refineries continued and the Russian government stated it would suspend gasoline and diesel exports, raising oil supply concerns. President Trump also put pressure on Turkey to cease purchasing Russian oil.