USD/JPY tilted higher in Asian trade off October 2 lows following earlier data from Japan and ahead of US data and Fed speeches. 

As of 07:22 GMT, USD/JPY rose 0.01% to 105.42, with an intraday high at 105.50. 

Earlier Japanese data showed the trade surplus up to 675 billion yen from 248.6 billion in August. 

Japan's exports fell 4.9%, improving from a 14.8% drop in August, while imports fell 17.2%, improving from a 20.8% y/y drop in August. 

Federal Reserve Chair Jerome Powell will participate in a panel discussion about cross-border payments and digital currencies at the International Monetary Fund's annual meeting, via satellite. 

Federal Reserve Governor Richard Clarida will speak about the economic outlook and monetary policy at the American Bankers Association's virtual convention. 

US talks are ongoing between Republicans and Democrats to pass a financial rescue bill to support the economy, with both sides still hoping for some results this week.

The World Health Organization reported total global Covid 19 cases of 39.6 million, with the death toll standing at 1.107 million. 

The major US stock benchmarks closed higher on Friday, after the release of upbeat economic data, which helped Wall Street to score weekly gains.

The US retail sales index rose 1.9% in September, beating forecasts of 0.7%.

The first reading of the University of Michigan's consumer confidence survey rose to the highest level since March at 81.2 points.

US President Donald Trump said that he had informed Treasury Secretary Steven Mnuchin of the necessity to offer more than $1.8 trillion within the second Covid-19 package.

To the oil market, WTI crude November futures at NYMEX fell by 0.2% to close at $40.88 a barrel, posting a weekly gain of 0.7%, after hitting a day high of $41.05 and a low of $40.08.

Brent December futures fell 0.5% to $42.93 a barrel, and gained 0.2% this week, with a high of $43.2 and a low of $42.2.

As for stocks, Dow Jones rose 0.4% or 112 points, to close at 28,606, with a weekly gain of 0.1%, after it hit a day high 28,842 and a low 28,570.

S&P 500 rose less than 0.1% to 3,484, and posted 0.2% gain this week, with a high of 3,515 and a low of 3,480.

While Nasdaq fell 0.4% or 42 points to 11,671 points, and registered weekly gains of 0.8%, with a high of 11,872 and a low of 11,648.

Soybean prices turned lower on Friday, despite a retreat in the US dollar against most currencies and rising US exports of agricultural goods.

Soybean opened higher today thanks to strong demand and fears over dry weather conditions in Brazil, but soon investors rushed to profit taking.

The US Department of Agriculture revealed in its weekly report that the US sold 2.631 million tonnes of soybean, beating market's estimates of between 1.5 million and 2.2 million tonnes.

The USDA also stated that private US exporters sold 391,150 tonnes of soy to other parties.

The dollar index fell against a basket of currencies by 0.1% to 93.7 points as of 22:50 GMT, after it hit a high of 93.8 and a low of 93.5.

Soybean November futures fell 1.1% to $10.5 per bushel, after hitting a day high of $10.70 and a low of $10.48.

Silver prices rose on Friday, as the US dollar fell against its peers, but posted weekly losses after the release of upbeat economic data.

The US retail sales index rose 1.9% in September, beating forecasts of 0.7%, and the first reading of the University of Michigan's consumer confidence survey rose to the highest level since March at 81.2 points.

The dollar index fell against a basket of currencies by 0.1% to 93.7 points as of 22:23 GMT, after it hit a high of 93.8 and a low of 93.5.

Silver December futures rose 0.8% or 18 cents, to close at $24.405 an ounce, with a 2.8% weekly loss, after hitting today's high at $24.660 and the low at $24.185.