The British currency declined against all of other major peers on Tuesday, amid the terrorist attacks in Brussels bringing more fear of a ‘Brexit'.
A considerable advance in natural gas prices on Tuesday followed the most significant (among major commodities) drop on Monday.
The Pound Sterling took the biggest hit against the Euro and other currencies on Tuesday. An immediate negative reaction, which totaled 0.92% versus EUR, was a result of increased Brexit worries in the aftermath of attacks in Brussels.
The Greenback's performance was opposite to the Sterling's, as it appreciated against most major currencies on Monday.
The British Pound underwent a corrective decline on Monday, as it depreciated against all other major currencies.
Natural gas futures took the biggest hit among all major commodities on Monday, as they plummeted by more than 4% over the past 24 hours.
Monday's trading session was largely quiet, with only Euro zone's current account published throughout the whole day.
The US Dollar's performance was almost identical to the Sterling's, as the Buck appreciated against all major peers on Friday and over the weekend.
The Sterling retained most of its strength after the Thursday's BoE meeting, thus, appreciated against most major currencies on Friday and over the weekend.
Even though the general direction of global commodity markets had a bearish bias on Friday, any changes were not extreme amid quite balanced trading conditions.
Commodity prices have decreased gradually on Friday, but even a small change there put some downside pressure on Kiwi and Aussie that were the only currencies to lose value against the Euro.
With the retained post-FOMC weakness, the US Dollar experienced another day of declines against other major currencies.
On the hawkish BoE's stance the Sterling appreciated against most of other major currencies on Thursday, with exception against the New Zealand Dollar.
For the first time since early December the price of oil spiked above $40 per barrel for both Crude and Brent components, as over the past 24 hours they continued to advance and climbed by 4.5% and 3%, accordingly.
The only currency, against which the Euro continued to appreciate substantially, was the US Dollar. It seems that market participants have now fully priced in the dovish statement made by the central bank in the world's largest economy.
Due to a dovish Fed statement the US Dollar declined against all other major currencies on Wednesday.
The British Pound retained its weakness yesterday, despite strong employment figures.
Commodity prices skyrocketed on Wednesday, helped by weaker US Dollar in the wake of Federal Reserve's monetary policy decisions.
Unsurprisingly, the most significant increase in the value of the 19-nation European currency has been registered against the Greenback on Wednesday.
In spite of somewhat stronger US Retail Sales figures, the Greenback failed to appreciate against all major currencies, such as the Euro, the Swissie and the Yen.
Due to the return of ‘Brexit' fears, the Sterling sustained heavy losses against most major peers on Tuesday.
For the second consecutive day only one commodity managed to add value, although yesterday it was natural gas that appreciated by 1.76%.
The Euro was driven mainly by fundamentals from other countries yesterday. EUR/NZD surged the most by 1.18% on the back of disappointing dairy prices' numbers from New Zealand that posted a drop of 2.9% in the first part of March 2016, compared to the preceding two weeks.
Along with the Japanese Yen, the US Dollar benefited the most from the yesterday's risk-off sentiment. The currency appreciated as much as 1.05% relative to the New Zealand Dollar and 0.67% relative to the Australian Dollar.