The Sterling strived to offset post-NFP losses, as Monday's report revealed that the UK home prices rose more than anticipated in July.
The US Dollar strengthened significantly against the Yen after the stronger-than-expected Non-Farm Payrolls report.
The common European currency has shown that there exists a medium term descending channel pattern on the EUR/USD charts.
The bullion has continued to lose value, as expected. However, the metal's price on Monday was showing signs that the decline might be over.
The common European currency has broken out from the medium term ascending channel pattern against the US Dollar.
The US Dollar strengthened significantly against the Yen after the stronger-than-expected Non-Farm Payrolls report.
During the last month, Britain's officials fuelled expectations that the Central Bank was likely to raise interest rates, though Thursday's reports showed it unchanged, resulting in the immediate fall in the GBP/USD currency pair.
On Thursday, the US Dollar posted a sharp fall against the Yen after the ISM report showed softer-than-expected growth in non-manufacturing sectors.
The bullion found strength in hourly support levels and has returned to trade back near the 1,270 mark.
During the last month, Britain's officials fuelled expectations that the Central Bank was likely to raise interest rates, though Thursday's reports showed it unchanged, resulting in the immediate fall in the GBP/USD currency pair.
On Friday morning the common European currency was piercing the second weekly resistance, which was located at the 1.1880 mark.
Manufacturing growth in the US almost matched growth forecasts, but slightly weaker-than-expected figures failed to support the Greenback significantly. Right after the data were released, the USD/JPY currency pair went to the 110.145 area, or 0.01% higher, but paired gains after that.
The British Pound depreciated against the US Dollar, as the data revealed that the UK construction industry grew at the slowest pace in 11 months in July.
The decline of the bullion, as expected, continued during early hours of Thursday's trading.
On Thursday morning the common European currency traded almost flat against the US Dollar.
Manufacturing growth in the US almost matched growth forecasts, but slightly weaker-than-expected figures failed to support the Greenback significantly. Right after the data were released, the USD/JPY currency pair went to the 110.145 area, or 0.01% higher, but paired gains after that.
GBP gained solid ground on the back of reports showing Britain's manufacturing activity expanding more than anticipated in July.
On Wednesday morning the yellow metal was in a retreat. The fall of the bullion was
On Wednesday morning the EUR/USD currency pair remained near the 1.18 mark.
Stronger-than-expected US pending home did not manage to support the USD/JPY exchange rate. Following the release, the Yen appreciated against the US Dollar by 0.053% to be seen trading at 110.46.
Wednesday's preliminary estimate of the UK's gross domestic product for the second quarter matched analysts' estimates, but signalled that its expansion has lost some momentum in relation to the previous year.
The surge of the bullion continues, as the metal has established itself firmly at the 1,270 mark.
On Tuesday morning the EUR/USD currency exchange rate was in a retreat. However,
The US Dollar did not manage to appreciate against the Japanese Yen at the moment the data on the US advance GDP was released.