The US dollar fell slightly against most of its major rivals today, as investors eagerly anticipate the the British parliament's voting session on the draft Brexit deal tomorrow, to determine the fate of Britain's exit from the EU.

The United Kingdom and the European Union agreed on a draft Brexit deal yesterday, which provides the UK with the chance of leaving the EU in an orderly fashion.

British PM Boris Johnson hailed the draft deal, and urged the British lawmakers to pass the deal in order to move on other priorities such as the environment, protecting society from violent crimes and improving the standards of living.

While Johnson stated that the EU will not to extend the Brexit deadline and will implement it as scheduled, which means that if the deal was rejected by the British parliament, the UK would face a chaotic exit without a deal.

The International Monetary Fund (IMF) stated that the Brexit deal is a positive move for the global economic growth, but stressed concerns about the US-China interim trade agreement, and warned that it is not enough to fend off the trade war risks.

As of 13:30 GMT,  the dollar index fell by 0.1% to 97.4 points, with an intraday high of 97.6 and a low of 97.4 points.

Oil prices fell during the European session today, to hit a pause for the first day in 3, as Chinese growth data showed the slowest pace in more than 3 decades during the third quarter, which stoked global slowdown concerns and slammed demand, in addition to a sharp surge in the US commercial crude inventories.

WTI fell to $53.75, from the opening of $54.06, with an intraday high of $54.09.

Brent fell to $59.54 a barrel, from the opening of $59.80, with a high of $59.85.

WTI closed higher by 2.1% yesterday, and Brent futures gained 1.4%, in their second straight daily, after the announcement of the Brexit deal between the UK and the EU.

Chinese data showed today that the GDP growth during the third quarter slowed to 6.0% from a year earlier lower than forecasts of 6.1% and also lower the previous annual reading of 6.2%.

The reading showed the Chinese economy grew by the slowest pace in nearly three decades, which is due to the one year old raging trade war between the US and China, as it has sharply impacted the factories production and decreased demand levels.

The US Energy Information Administration (EIA) revealed yesterday that oil inventories rose by about 9.3 million barrels during the week ending October 11, the fifth weekly increase, beating forecasts of a 2.7 million barrels.

The total US commercial inventories rose to 435.3 million barrels, the highest level since the week ending in August 16, which indicates that domestic demand has weakened in the US, while the production levels were unchanged from last at its all-time record high of 12.6 million barrels per day.

Gold prices fell during the European session on Friday, to hit pause for the first time in 3 days on weak haven demand, after signicent thaw in the Brexit file, but losses were limited on the continuous retreat in the dollar against major currencies.

Gold fell by 0.3% to $1,487.44 an ounce, from the opening of $1,491.99, with a session-high of $1,494.08.

The metal gained 0.2% yesterday, its second daily gain, supported by a retreat in the US dollar.

Demand on safe-havens weakened this week, amid positive developments in the Brexit file and a robust start of the US corporate earnings season.

The European Union leaders agreed with the UK on a Brexit deal during the EU economic summit in Brussels yesterday, which provides the UK with the chance of leaving in orderly fashion on October 31.

However, the deal still have a major hinder in its way before entering into force, which is the British parliament vote on the draft deal on Saturday, and if the British lawmakers rejected it, the UK would likely face a chaotic exit.

Otherwise, the dollar index fell by 0.1%, to extend its losses for the fourth day, on the cusp of touching its 2-month low of 97.50 points, and reflecting the lingering US dollar drop against major currencies.

The US dollar fell this week, as sentiment in Europe rose, following positive developments around the British secession, which increased investor buying of euro and pound currencies at the expense of the US currency.

The greenback suffered sharp losses during this week after it lost its charm in the Forex market as the latest developments in the Brexit file spurred demand levels on euro and sterling.

Gold holdings at the SPDR Gold Trust, stayed unchanged yesterday, with a total of 918.19 mt (the lowest since September 23rd).

The British Pound slipped against the US dollar, today, its first drop in the last four days, to pull back from 5-month peek, on increased profit-taking, but still poised to extend its weekly gains for the third straight week, after the British PM Boris Johnson agreed with the European Commission yesterday on a draft Brexit deal to prevent a chaotic departure in case of a no-deal Brexit on October 31. 

GBP/USD fell by 0.4% to $1.2839, from the opening of $1.2890, with an intraday high of $1.2891.

Sterling gained 0.5% against the US dollar yesterday, its third straight daily gain and hit a 5-month high of $1.2990, amid positive Brexit news.

During this week, the pound gained 1.5% against the US dollar so far, to head for its third straight weekly gain in the longest weekly gains streak in 2019.

The European Union leaders agreed with the UK on a Brexit deal during the EU economic summit in Brussels yesterday, which provides the UK with the chance of leaving in orderly fashion on October 31.

This week saw intensive Brexit talks, which resulted in the European Commission President, Jean-Claude Juncker, announcement of a draft Brexit deal, and was later passed by all European Union leaders.

British PM Boris Johnson described the deal as a great chance that reflects the hard work that has been done from both sides, and urged the British lawmakers to support the deal in its vote next Saturday in order to move on other priorities such as the environment, protecting society from violent crimes and improving the standards of living.

Johnson will put the deal before the British parliament for a vote on Saturday, in its final phase ahead of entering into force if the British lawmakers approve it.

The Prime Minisiter described the deal as the UK's best option with the European Union, and asked the EU not to extend the Brexit deadline if the deal was rejected, and implement it as scheduled, which means a chaotic no-deal exit scenario still persists.