Silver ended its two-day losing streak yet finished the week with losses of more than 4%, as investors booked profits in the precious metal space.

EUR/USD found a slim foothold on Friday, rising one-fifth of one percent at the bell but still ending the overall week in the red, adding into a two-week decline of around 1.12% top-to-bottom.

GBP/USD floundered on Friday, climbing a scant 0.13% on the day as the Pound Sterling gets weighed down by broad-market expectations of a rate cut from the Bank of England (BoE) next week.

In Friday's session, the AUD/JPY pair showed a minor recovery, rising by 0.15% to end at 100.79.

Ethereum (ETH) is up nearly 5% on Friday following speculations that ETH ETFs' inflows have been outflows from Grayscale Ethereum Trust (ETHE).

The USD/JPY dropped 0.14% on Friday as the pair recovered some ground after hitting a 14-week low of 151.93.

In Friday's trading session, the USD/CHF managed to improve, closing up by 0.15% at around 0.8830 against the backdrop of fluctuating Personal Consumption Expenditures (PCE) numbers released by the United States.

United States CFTC S&P 500 NC Net Positions climbed from previous $-65.4K to $-13.2K

United States CFTC Oil NC Net Positions declined to 276K from previous 287.6K

United Kingdom CFTC GBP NC Net Positions up to £142.2K from previous £132.9K

Australia CFTC AUD NC Net Positions: $-8.8K vs previous $11.1K

Eurozone CFTC EUR NC Net Positions increased to €35.9K from previous €24.7K

United States CFTC Gold NC Net Positions down to $273.1K from previous $285K

Japan CFTC JPY NC Net Positions increased to ¥-107.1K from previous ¥-151.1K

Gold price makes a U-turn after diving to two-week lows of $2,353 edges higher some 0.80% as market participants seem secure the Federal Reserve will lower interest rates at the September meeting, following a soft inflation report.

The Dow Jones Industrial Average (DJIA) scorched 700 points higher on Friday after a close-enough-to-expectations print in US Personal Consumption Expenditures Price Index (PCE) inflation came in cool enough to allow investors to keep hopes for a September rate cut pinned to the ceiling.

In Friday's session, the Australian Dollar (AUD) slightly recovered against the USD, as AUD/USD rebounded to 0.65515 due to corrective activities after intensive sell-offs in the previous sessions.

The Mexican Peso trimmed some losses against the US Dollar on Friday, yet it’s set to end the week with over 2% losses.

The Canadian Dollar (CAD) found little support on Friday, easing back against most of its major currency peers as global markets focus on US inflation figures.

United States Baker Hughes US Oil Rig Count increased to 482 from previous 477

Executive Board member of the European Central Bank (ECB) Isabel Schnabel hit the wires late on Friday noting that a single cut from the ECB doesn't necessarily guarantee follow-up cuts, and that inflation in the EU, particularly services inflation, is proving a tricky beast to slay.

On Friday, the US Dollar, as depicted by the DXY, displayed some resilience despite encountering daily losses post the release of mixed Personal Consumption Expenditures (PCE) data.

Pro-crypto attorney says Securities & Exchange Commission (SEC) and Ripple could settle in a “compromise” and not a win for the two parties.

Gold has fallen in recent days, but after a price increase of almost $200 between the end of June and mid-July, Commerzbank’s Commodity Analyst Barbara Lambrecht notes.

Oil prices remained at just over $80, a barrel of Brent crude was temporarily as cheap as it was last at the beginning of June, Commerzbank’s Commodity Analyst Barbara Lambrecht notes.

The Pound Sterling clings to minuscule gains on Friday after the latest inflation report in the United States (US) reinforced investors' bets that the US Federal Reserve could begin slashing rates at the September monetary policy meeting.

The price of a barrel of Brent crude temporarily traded at just over $80, close to the perceived ‘pain threshold’ of the OPEC+ production cartel: At this price level, the cartel had decided in the past to cut production in order to stabilise the market, Commerzbank’s commodity analyst Barbara Lambrecht notes.