The dollar strengthened on Friday but was still set for a weekly loss after data showed U.S. employers hired far more workers than expected in March, potentially delaying anticipated interest rate cuts from the Federal Reserve this year.

Nonfarm payrolls increased by 303,000 jobs last month, the Labor Department said in its closely watched employment report on Friday. Economists polled by Reuters had forecast 200,000 jobs, with estimates ranging from 150,000 to 250,000.

Gold prices fell in Asian trade on Friday, retreating from recent record peaks in anticipation of key U.S. labor data that is likely to factor into the outlook for interest rates.

A key technical indicator for spot gold prices also showed that buying momentum was running dry after a strong run-up through March and early-April.

The U.S. dollar fell to a one-week low Thursday, handing back some of its recent gains amid uncertainty over the path of U.S. interest rates and ahead of the release of more labor market data.

At 04:00 ET (09:00 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1% lower at 103.855, retreating from the five-month high of 105.10 seen earlier this week.

Bitcoin price climbed slightly on Thursday, offering some relief to investors as risk appetite remained largely frail amid uncertainty over U.S. interest rates, while signs of easing capital flows also weighed.

The world’s largest cryptocurrency rose 0.6% in the past 24 hours to $66,531.0 by 08:34 ET (12:34 GMT), though still well below record highs hit in March.

Oil prices settled higher Thursday, as the threat of potential supply disruptions continue to dominate investor attention as geopolitical tensions in the Middle East flare amid fears an Iran retaliatory strikes against Isreal could be imminent.     

At 14:30 ET (18:30 GMT), West Texas Intermediate crude futures rose 1.4% to $86.59 a barrel, while Brent oil futures expiring in June rose 1.5% to $90.65 a barrel, both having previously climbed to their highest levels since October.

Gold prices rose Monday, attempting to steady following a recent wobble as dollar strength eased and gold exchange-traded-funds recorded a first inflow ahead of a slew of remarks from Federal Reserve members and key inflation report later this week.  

Spot gold rose 0.2% to $2,169.77 an ounce, while gold futures expiring in April rose 0.6% to $2,172.35 an ounce. 

Oil prices settled higher Monday, driven by growing bets on tighter global crude supplies as Russia is reportedly set to cut oil output at a time when Ukraine continues to target the country's refineries. 

At 14:30 ET (18:30 GMT), West Texas Intermediate crude futures rose 1.64% to $81.95 a barrel, while Brent oil futures rose 1.6% to $86.57 a barrel.  

The U.S. dollar edged lower in European trade Tuesday, in limited volatility after the excitement of last week’s central bank meetings and ahead of the release of key inflation data later in the week.

At 06:10 ET (10:10 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.2% lower at 103.760, suffering from a minor bout of profit-taking after hitting one-month last week.

Oil prices settled lower Thursday, as growing expectations for a Gaza ceasefire and a stronger dollar weighed, though the prospect of tighter supplies continued to offer support. 

At 14:30 ET (18:30 GMT), the U.S. crude futures settled 0.3% lower at $81.07 a barrel and the Brent contract dropped 0.3% to $85.67 a barrel. 

The dollar rose on Thursday after the Swiss National Bank's surprise interest rate cut bolstered global risk sentiment and underscored the appeal of the greenback amid strong U.S. economic growth.

Sterling slid after the Bank of England (BoE) kept its benchmark interest rate on hold as expected. But after the Federal Reserve projected a less restrictive policy stance than expected on Wednesday, risk assets worldwide soared, as did the outlook for investment flows to the U.S.