The Eurodollar decreased but recorded a more than two year low as expectations increased that the European Central Bank would order a number of hikes this year.
The British pound fell slightly after disappointing economic data increased pressure on both the government and Bank of England to stimulate the UK economy.
The USD/JPY retreated to a one month low, as market participants began to price in, an increase in interest rates from the Bank of Japan on January 24th.
Gold prices climbed to hit a one month high, as safe haven demand increased ahead of President-elect Trump’s inauguration on January 20th.
Stock prices climbed to record their best week since November, as the earnings season kicked off, with major banks such as JP Morgan posting better than expected results.
Crude oil prices climbed and hit a fresh three month peak amid reports that US and EU sanctions upon Russian oil were proving effective. Rising Chinese GDP numbers also underpinned prices.