On Monday, the U.S. Dollar Index reached a new high since last month's Federal Reserve interest rate meeting during the session, but then sharply reversed, nearly giving up all of its gains for the day, and ultimately closed up 0.014% at 103.47. Following the U.S. Treasury's unexpected reduction in its forecast for Q1 borrowing, yields on U.S. Treasuries fell across the board, with long-term bond yields leading the decline. The yield on the 10-year U.S. Treasury note finally closed at 4.076%, while the yield on the 2-year U.S. Treasury note, more sensitive to Federal Reserve policy rates, closed at 4.322%.

Due to heightened tensions in the Middle East boosting demand for safe-haven assets, spot gold opened higher and fluctuated upwards, reaching a high of 2037.41, and finally closing up 0.71% at $2032.88 per ounce, marking a new high for the week. Spot silver closed up 1.78% at $23.2 per ounce.

International crude oil prices opened high but moved lower, falling from near two-month highs and ending a three-day rally, as concerns over Asian demand led traders to reassess the risk premium associated with Middle East tensions. WTI crude closed down 1.5% at $76.88 per barrel, and Brent crude closed down 1.47% at $82.41 per barrel.