The Great Britain Pound was able to ouperform some of its peers on Friday, gaining 0.39% against the Swiss Franc, 0.35 against the Euro and 0.22% against the Japanese Yen.
Last Friday, the bullion increased in price considerably, as it managed to advance 1.89% during the trading session at the end of the week.
During the last day of the previous working week, the single European currency declined against the vast majority of other currencies, while it only gained value of 0.02% in its pair with the Swiss franc.
Regardless of the unfavourable macroeconomic bacground the Japanese Yen was the most bullish currency among the majors.
As it turned out, the British Pound failed to capitalise on the positive news. The currency underperformed relative to all its major counterparts except for the US Dollar.
On Wednesday, the single European currency developed much more positively than it did several days before.
The Yen was the main loser of Wednesday, falling as much as 0.62% against the Loonie and 0.53% versus USD.
The Sterling underperformed most of its major counterparts yesterday, being hit not only by the negative domestic surprises, but also unexpected positive data.
On Tuesday, the price of the yellow metal was completely unchanged, as calm development followed a sharp decline one day before.
On the second day of the present working week, the Euro decided to lose value against all but one major currency on the market.
The US Dollar has started this week much better than the last week, as it has gained against the Japanese Yen.
GBP/USD is gradually moving closer to this year's low at 1.5542 and it might be reached already today if UK's data surprise as to the downside.
On the first day of current trading week, Gold declined considerably along with many other commodities on the market, as only corn managed to rise 0.3% during last 24 hours.
Following two days of a decline, the single European currency advanced on Monday versus the vast majority of other currencies on the foreign exchange market.
After the bearish performance by the US Dollar at beginning of the week, it managed to recover and it posted gains versus the Japanese peer.
In terms of the pair's performance it has not been much different from any other week, since the Pound was outperformed by its American counterpart.
On the last day of the previous trading week, the yellow metal was among those commodities to decrease in value.
The European currency continued losing value on the last day of the previous working week, as it managed to gain 0.1% only versus the Japanese yen, while staying unchanged in its pair with the Australian dollar and declining against other major currencies.
Despite the fact that the pair appreciated yesterday it still has declined on a weekly basis; moreover, it reached the lowest level this year on Wednesday.
During the last two days USD/JPY has climbed more than 2% and is likely to post a weekly gain, after the weak performance at the beginning of the week.
Yesterday, the yellow metal rebounded moderately after three days of sideways development, as it managed to advance 0.74%.
For the second consecutive day in a row, the shared European currency lost value against all but one major currency on the foreign exchange market on Thursday.
USD/JPY reversed all this week's losses yesterday, as the Yellen's remarks favored the US currency.
GBP/USD dropped 1.12% on Wednesday, as the FOMC meeting boosted the overall confidence towards the US economy and its currency.