The Mexican Peso (MXN) rallied against the US Dollar (USD) on Friday, ignoring softer-than-expected economic data revealed during the week that suggests the economy might slow down.

Gold prices retreat after hitting a record high, surpassing $3,000, as traders remain uncertain about US President Donald Trump's trade policies.

The Dow Jones Industrial Average (DJIA) fought back at the brink on Friday, clawing back roughly 500 points following a string of bad losses that saw the Dow Jones crumble 3,373 points, or -7.66%, peak-to-trough over a two-week period.

Newly-minted Canadian Prime Minister Mark Carney took over the reigns of Canada from now-former Prime Minister Justin Trudeau on Friday morning, and the fresh Canadian leader wasted no time in declaring his intent to meet US President Donald Trump head-on as the Trump administration spools up a messy, global trade war with nearly all of the US's closest trading partners simultaneously.

United States CFTC Oil NC Net Positions increased to 164.1K from previous 154.8K

Japan CFTC JPY NC Net Positions rose from previous ¥133.7K to ¥133.9K

Australia CFTC AUD NC Net Positions remains unchanged at $-48.2K

United States CFTC Gold NC Net Positions fell from previous $243.3K to $236.1K

United Kingdom CFTC GBP NC Net Positions up to £29.2K from previous £18.6K

United States CFTC S&P 500 NC Net Positions: $80.6K vs $32.1K

Eurozone CFTC EUR NC Net Positions increased to €13.1K from previous €-10.1K

Argentina Consumer Price Index (MoM) came in at 2.4%, above forecasts (2.3%) in February

Banco de Mexico (Banxico) Director of Economic Research Alejandrina Salcedo Cisneros said that uncertainty is having a widespread impact on the country's businesses, so the outlook points to a moderate expansion of regional economies.

United States Baker Hughes US Oil Rig Count: 487 vs 486

The Pound Sterling registers back-to-back bearish days, dropping some 0.14% on Friday against the Greenback after economic data from the UK revealed that the Gross Domestic Product (GDP) contracted.

The EUR/USD pair edges higher and recovers to 1.0900 at the time of writing on Friday, erasing its sluggish performance from earlier this week. The resurgence in the pair comes after two headlines emerged late Thursday. United States (US) Senate

Colombia Retail Sales (YoY) came in at 10.2%, above expectations (6.8%) in January

The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, dips lower again on Friday after a few headlines on tariffs and the US spending bill. The index, which has been limited below the 104.00

US Consumer Sentiment took a dip in early March, according to the preliminary reading of the University of Michigan’s Consumer Sentiment Index.

Russia Foreign Trade increased to $7.159B in January from previous $5.575B

United States UoM 5-year Consumer Inflation Expectation rose from previous 3.5% to 3.9% in March

United States Michigan Consumer Sentiment Index came in at 57.9, below expectations (63.1) in March

Pound Sterling (GBP) is little changed on the session after UK GDP data fell 0.1% in the January month, a little weaker than forecast, Scotiabank's Chief FX Strategist Shaun Osborne notes.

The EUR is tracking higher on the session, with late week dips to the low 1.08 zone prompting some renewed buying interest from bargain hunters.

The Canadian Dollar (CAD) is trading slightly more firmly on the session, helped by an improvement in risk appetite that has lifted high beta FX generally, Scotiabank's Chief FX Strategist Shaun Osborne notes.

The Dollar Index (DXY) is trading lower at the end of the week.

Germany Current Account n.s.a. fell from previous €24B to €11.8B in January

Canada Wholesale Sales (MoM) came in at 1.2%, below expectations (1.9%) in January

United Kingdom NIESR GDP Estimate (3M) up to 0.4% in February from previous 0.3%

Brazil Retail Sales (MoM) above forecasts (-0.2%) in January: Actual (-0.1%)