The Eurodollar climbed to hit a nine-day high after mixed US data slightly increased the possibility of a Fed interest rate cut this month.
The British pound climbed to record a more than two week high as speculation grew that the Bank of England could decide not to cut interest rates in December.
The USD/JPY traded sharply lower as safe haven demand increased for the yen amid the escalating conflict between Russia and Ukraine and its western partners.
Gold prices pulled back last week after it was confirmed that a ceasefire in the conflict between Israel and Hezbollah in Lebanon had been agreed.
Stock prices continued to climb with indices recording another all-time high despite a holiday shortened week due to the Thanksgiving holidays in the US.
Crude oil prices jumped close to 6% on the week to record a two-week high as the escalating war between Russia and Ukraine increased the possibility that oil supplies will be negatively impacted.