The precious metal continued gaining value on Thursday, by adding additional 0.78% to its price.
Opposite to the situation seen two days ago, on Thursday the single European currency was a clear under-performer on the foreign exchange.
The British Pound experienced mixed performance over Thursday. The Sterling added 0.58% versus the Euro and 0.13% versus the Swissie. However, losses of 0.50% and 0.46% were registered against the Loonie and the Yen, respectively. The Sterling remained relatively unchanged against the Aussie, edging down 0.01%.
A clear hero of Wednesday used to be oil in terms of daily gains.
Yesterday, the Euro advanced against all of the main currencies that are usually covered in our review.
The British Pound strengthened against most major peers, with the exception of the Yen and Euro. The Sterling added 0.81% versus the Kiwi and 0.62% versus the Aussie, following with smaller gains relative other currencies. Nonetheless, the Pound declined 0.22% against the Euro and remained relatively unchanged versus the Yen (-0.03%).
The US Dollar experienced mixed performance yesterday: losses, as well as gains, were registered against major currencies. The Greenback appreciated 0.63% versus the Kiwi and 0.43% versus the Aussie. Nevertheless, the largest slump of 0.42% was detected against the Euro.
Over the day the British Pound declined against most major currencies. The largest loss of 1.50% was registered versus the Swissie, following with a 0.92% slump versus the Loonie. The Sterling resisted the most against the Euro, having declined 0.50%.
The US Dollar experienced mixed performance yesterday. The Buck appreciated 0.70% versus the Sterling, whereas the largest decline was registered against the Swiss Franc, 0.83%. The Greenback remained relatively unchanged versus the Aussie, Kiwi, and Japanese Yen.
Tuesday showed a mixed situation on the commodity market; however, the trend used to have a slight bullish bias.
On Tuesday, the single European currency has mostly decreased in value against the majority of other currencies.
Yesterday the Sterling declined against most major currencies. The Pound slumped the most versus the Aussie, where a 1.34% loss was detected. Further plunges were registered against the Euro and the Kiwi, dipping 1.09% and 1.11%, respectively. However, the British currency remained relatively unchanged versus the Greenback.
For another day the US Dollar declined against most major peers. The largest loss was registered against the Aussie, 1.35%, following with a 1.15% decline versus the Euro and a 1.12% drop versus the Kiwi. The Greenback remained unchanged against the Sterling.
While the US Dollar continued to be under pressure after the recent Fed statement on interest rates, Gold prolonged its bullish trend and climbed 0.59% on Monday.
EUR/GBP and EUR/USD currency pairs were the major gainers among different Euro crosses on Monday as they both jumped around 1.2% on a daily basis.
On Friday, the US Dollar significantly slumped against most major currencies. The sharpest decline was registered versus the Kiwi, 2.01%, followed by a 1.60% slide versus the Aussie and 1.49% against both, the Swissie and the Euro. The smallest drop was detected versus the Japanese Yen, though still 0.61%.
The British Pound had mixed performance on Friday. The Sterling appreciated 1.33% versus the US Dollar and 0.70% versus the Yen. However, a 0.71% slump was recorded against the Kiwi. The Pound also remained relatively unchanged against the Loonie (added 0.02%).
On Friday, all but one commodity from our review showed a positive development in terms of price changes as only natural gas declined 0.96% before the weekend.
The common currency stayed volatile during all days after the Fed's meeting last Wednesday.
The Sterling tumbled down all currencies, with the exception of the Euro and Aussie. The Pound lost 1.50% and 0.96% versus the Buck and Japanese Yen, respectively. Nevertheless, a 0.38% gain was recorded with respect to the Euro, while the British currency remained relatively unchanged (added 0.12%) against the Aussie.
After a day of losses, the US Dollar managed to rebound against all major peers. Largest gains were registered against the Euro, Aussie, and Sterling, in pairs with which the Greenback added 1.98%, 1.63%, and 1.53%, respectively. The smallest gain was detected against the Yen, 0.56%.
The precious metal used to be the one among just two main commodities that managed to increase in price during Thursday.
Following three days of up-trend for the Euro, the single European currency lost ground on Thursday and declined against all of other major currencies.
The Greenback suffered severe losses against all major peers. The US Dollar declined 2.76% versus the Swiss Franc, following with the 2.50% and 2.37% plunges against the Euro and Kiwi, respectively. The smallest slump was recorded with respect to the Yen, 1.04%.