The euro rose to a three-year high against the dollar on Friday as investors welcomed a breakthrough in German coalition talks.
Sterling rose to its best level since the Brexit vote on Friday on news that Spain and Holland's finance ministers have reached an agreement that would see the two work together to lock down a Brexit deal that would keep the UK as close to the EU as possible.
The cost of living in the US jumped last month, pushed higher by a surge in the cost of used cars and trucks and medical care commodities.
President Donald Trump rejected a bipartisan compromise to extend protections against deportations of young immigrants on Thursday and questioned why would he allow more immigrants coming from Haiti and “shithole countries” in Africa. On Friday the president denied having said the derogatory comments.
US retail sales grew more strongly than expected last month amid especially strong demand for building materials and for on-line retailers.