The British pound edged up on Friday, despite the lingering uncertainty over the Brexit talks, which did not result in any progress so far.
Analysts see that the British pound will remain weighed down by the uncertainty over the futile Brexit talks between the European Union and the UK.
The UK chief Brexit negotiator had stated that the deep differences between the two sides remain, with little progress on reaching an agreement on future relations.
However, Sterling attracted more buyers against the Euro earlier today, and hit a 3-week high.
The Chancellor of the UK's Treasury revealed earlier this week a new stimulus package worth £30 billion to cut VAT, in aims to support the British economy from further impacts of coronavirus.
As of 20:11 GMT, GBP/USD rose 0.1% to 1.2621, after hitting a high of 1.2665 and a low of 1.2567.
Silver futures rose on Friday, as the US dollar dropped against it peers, to post weekly gains on growing safe-haven demand.
Silver and other precious metals were lifted this week by the coronavirus crisis and the spike of infections worldwide.
The World Health Organization warned that the coronavirus has not reached it peak yet and it's still spreading at a high rate, which makes it hard to be contained, and also warned against closed and crowded places.
The dollar index fell against a basket of currencies by 0.1% to 96.6 points as of 21:08 GMT, after hitting a high of 96.9 and a low of 96.4.
Silver September futures rose 0.5% to close at $19.53 an ounce, and posted weekly gains of 4%, with a day high of $19.195 and a low of $18.81.
Gold prices slipped on Friday, as investors turned to stock markets despite the US dollar dropping against it peers.
Investors shrugged off the coronavirus crisis and the spike of the US infections at a record pace, which was followed by several states and cities calling for the return of the public lockdown.
The dollar index fell against a basket of currencies by 0.1% to 96.6 points as of 19:30 GMT, after hitting a high of 96.9 and a low of 96.4.
US President Donald Trump said today that a new trade agreement with the Chinese side isn't a top priority, after the two countries’ relationship has been severely damaged.
Gold August futures slipped 0.1% to close at $1,801.90 an ounce, but posted weekly gains of 0.7%, with a day high of $1,817 and a low of $1,796.5.
The Canadian dollar slipped on Friday following the release of mixed data on the Canadian jobs market.
The Canadian economy has added 952.9K new jobs in June, beating forecasts of 700K jobs.
Canada's unemployment rate fell to 12.3% from 13.7% in May, which is worse than forecasts of 12%.
The Canadian Prime Minister "Justin Trudeau" has announced that his country has already controlled and contained the virus "Corona" compared to what the United States suffers from.
Coronavirus infections rose to more than 12 million confirmed cases worldwide, and the death toll of 553,000 victims, with three million confirmed cases in the US alone.
As of 16:14 GMT, CAD/USD fell 0.2% to 0.7348, after hitting a high of 0.7367 and a low of 0.7335.