The Sterling had mixed performance yesterday, as it added 0.66% versus the Euro and 0.31% against the Aussie. However, the Pound also slumped 0.51% versus the New Zealand Dollar and 0.78 against the Greenback.
Gold held gains for a third day in a row on Friday and was set to halt its four-week losing streak, supported by strong China's demand. However, overall the commodities performed rather poorly, S&P GSCI fell as much as 1.6% on Thursday.
Positive fundamental background failed to boost demand for the single European currency. The Euro turned out to be the worst performer on Feb 26, losing 1.43% of its value relative to the US Dollar and 1.16% relative to the Kiwi.
The Sterling performed quite good against most majors. The Pound gained 0.48% versus the US Dollar and 0.39% against the Japanese Yen. However, a 0.38% loss was seen versus the New Zealand Dollar.
The US Dollar performed poorly yesterday, as it depreciated against most majors. The Greenback lost 0.87% against its New Zealand counterpart, as well as 0.70% versus the Aussie.
Yesterday commodities reversed their recent losses. A benchmark of commodity markets rose 2%, while Brent is now five percent more expensive. Gains of gold were more modest but nonetheless significant at 0.37%.
A lack of fundamentals did not benefit the common currency. The Euro underperformed most of its counterparts, giving up as much as 0.67% of its value relative to the Kiwi and 0.52% relative to the Aussie.
The value of gold declined yesterday, along with many other commodities.
The single European currency finished Tuesday with mixed results, losing 0.62% and 0.32% against the Loonie and Aussie, respectively, but at the same time winning 0.50% against the Kiwi.
The Greenback's change over the day was very similar to the Sterling's, as the Buck lost 0.68% and 0.35% versus its Canadian and Australian counterparts, respectively. Similarly to the Pound, US Dollar edged higher 0.43% against New Zealand Dollar.
The Sterling had mixed performance against other currencies. The Pound declined 0.69% against the Canadian Dollar and 0.39% against the Aussie, while there was a 0.43% rally versus the New Zealand Dollar.
On Monday, the US Dollar gained 1.24% against the Swiss Franc, as well as 0.51% versus its Australian counterpart. However, the Greenback declined 0.37% against the Sterling.
Over Monday, the Sterling surged against all its majors. The Pound appreciated 1.62% versus the Swiss Franc, added 0.88% against the Aussie and 0.78% versus the Euro.
On Monday, the precious metal stayed broadly unchanged in its value, while other commodities posted significant price volatility and the general bias was to the downside.
In the beginning of a new working week, the Euro succeeded in gaining value just versus two other major currencies on the foreign exchange.
Apparently, the net effect of Friday's data was negative for the Dollar, and the currency underperformed. USD/CHF fell 1.19%, and the Buck depreciated 0.65% against the Aussie, however, the Greenback edged up 0.29% versus its Canadian counterpart.
The Pound performed worse than most of its counterparts on Friday, as it lost 1.28% against the Swiss Franc and 0.73% versus the Aussie. However, the Sterling did surge 0.18% against the Canadian Dollar.
Last Friday, the largest market mover among commodities used to be the natural gas which jumped significantly by adding 4.13% on a daily basis.
On the last day of the previous week, the Euro traded mostly on the positive side, while gaining value against five major currencies and declining versus two of them.
Over the previous day the Greenback strengthened against some majors. The Buck added 0.77% versus the Swiss Franc, 0.38% and 0.32% against its New Zealand and Canadian counterparts, respectively.
Yesterday, the Sterling appreciated against most of the major currencies. The Pound gained 0.63% against the Swiss Franc and 0.22% versus the New Zealand Dollar, while declined 0.14% versus the Greenback.
On Thursday, the yellow metal lost 0.46% during a trading session; however, a decline was the smallest among all yesterday's underperformers.
During previous 24 hours, the Euro traded in a tight range versus the majority of other currencies on the foreign exchange, only excluding the Swiss Franc as EUR/CHF pair gained 0.52%.
In the last 24 hours, the Greenback strengthened against, as well as declined, against some majors. The Buck added 0.57% versus the Swiss Franc and 0.53% against its Canadian counterpart, whereas declined 0.54% versus the Sterling.