Wednesday was bearish for the 19-nation currency, as no green candles were sometimes seen throughout several sessions in Asia, Europe and US. Equities across the globe were sent continuously to the downside, but the safe-haven Euro failed to attract market attention, as investment into the Yen soared.
On Tuesday the US currency experienced mixed performance, having appreciated against some major peers, but also declined against the others.
The British Pound weakened against most major currencies on Tuesday, as BoE's Carney stated that there is no need to raise rates in the near future.
Two major types of oil and two main precious metals moved in different directions on Tuesday, which is usually a rare event for the commodity market.
The Euro competed with the British Pound to become Tuesday's most positive performer. However, the 19-nation currency registered stronger gains throughout all sessions and surged by 0.75% versus the Sterling.
On Monday the US Dollar managed to appreciate against most major peers, only failing to edge higher versus the Aussie.
The British currency managed to rebound against most major peers on Monday, with exception against the Aussie and the US Dollar.
Commodities hovered in green on Monday and particular gains were in place for energy components. Natural gas surged by 2.5%, while oil prices recovered moderately with daily increases of 0.8-2% depending on the type of the crude.
Monday was a calm day for the FX market, as hardly any components were moving strongly in either direction against the Euro.
Despite a weak reading of the US Core Retail Sales, the Greenback managed to post solid gains against some major peers on Friday and over the weekend.
On Friday and over the weekend the Sterling declined against most major peers, with exception against the Aussie and the Loonie.
Oil prices crashed by around 6% on Friday of the week ended January 15. Worries over Chinese economic growth and oversupply are currently the main anchors for prices of energy.
Another selloff that drove worldwide equity markets down was immensely positive for the common European currency on Friday of the last week.
The Greenback appreciated against most major peers, with exception against the Aussie, the Swissie and the Sterling.
The British Pound appreciated against both commodity currencies and most major peers, with exception against the Aussie and the Swissie.
In spite of rising oil prices on Thursday, this energy component is set to book a weekly loss due to sharp downward price changes earlier during the January 11-15 time period.
One of the most important data releases took place in Britain on Thursday, where the Bank of England made several monetary policy decisions.
The US Dollar's performance on Wednesday was rather formidable, as it appreciated against most major peers, with exception versus the Euro.
On Wednesday the Pound's losses exceeded its gains against most major peers.
As the American Dollar weakened by the end of trading session on Wednesday, precious metals managed to capitalise on this development.
The Euro was building solid ground at the expense of other G10 currencies throughout Wednesday of this week. In spite of some rebound in oil prices, Canadian and Australian dollars used to be the worst performers yesterday, as they dipped by 0.7% and 0.3% versus the Euro, accordingly.
The American Dollar was able to post gains against most major peers on Tuesday, with exception versus the Yen.
Amid a poor reading of the UK Manufacturing Production, the Sterling sustained losses against most major peers on Tuesday.
Despite cold winter temperatures, natural gas prices are ticking lower on day-to-day basis. Yesterday futures dropped by 5.8% amid burgeoning inventories and record-high pumping in the US.