The Pound was among the worst performers yesterday, gaining only against the Euro (+1.02%).
On Thursday, Gold used to be the unconditional leader among commodities.
Even though the Euro dropped on Thursday versus all major currencies on the foreign exchange market and a decline versus all of them exceeded 1%, it was far away for being the main market driver.
For the time being the Yen does not exhibit sensitivity to the Japanese data, as the risk-off sentiment continues to be the major factor in the market.
Despite there being no explicitly positive news, the Sterling turned out to be the second best performing currency on Wednesday, losing merely 0.03% against the Yen and appeciation 0.73 and 0.68% against the kiwi and Aussie, respectively.
During the previous working day on Wednesday, Gold declined just 0.16% during the trading session, as even negative US fundamental data failed to increase demand of the safe-haven metal and push the price upwards.
Yesterday, the shared European currency was mixed in terms of movements against other major market players.
Yesterday the Yen appreciated at the expense of all its major counterparts amid the flight to quality.
The British Pound turned out to be surprisingly resilient to the yesterday's events. The currency may have underperformed the Yen (-0.43%), but at the same time managed to gain relative to the kiwi (+0.51%) and relative to the Euro (+0.44%).
Yesterday, Gold used to be on the side of negative daily performers, even though it decreased just 0.22% during the market trading session and posted the smallest decline among all losers.
On Tuesday of this week, the single European currency resumed its downward trend it retained for the previous couple of weeks, as the Euro managed to increase in value only against the New Zealand's dollar by 0.07%.
Despite Friday bringing a plethora of good news regarding the state of the US economy, particularly regarding the improving labour market, the US Dollar appeared among the worst performers, advancing only against its Canadian counterpart (+0.3%) and losing nearly a whole percent relative to the Japanese Yen and the Aussie.
Despite absence of any explicitly favourable for the Sterling data yesterday, the currency fared well relative to its counterparts, advancing a whole percent against the loonie and 0.76% against the kiwi.
Even though the majority of commodities registered a strong decline in value on the first day of this working week, Gold managed to become the leader and even rise in price.
Similar to Friday of the previous week, yesterday the Euro performed in a rather mixed environment for the most part of the day, which was reflected in its daily gains and losses against its counterparts.
Despite Friday bringing a plethora of good news regarding the state of the US economy, particularly regarding the improving labour market, the US Dollar appeared among the worst performers, advancing only against its Canadian counterpart (+0.3%) and losing nearly a whole percent relative to the Japanese Yen and the Aussie.
The Sterling was one of the top performers last Friday, gaining 0.75% against the loonied and 0.45% against the greenback on the back of the positive news on the UK production and trade.
On the last day of previous working week, the vast majority of main commodities increased in price rather noticeably.
In the end of the first full trading week of 2015 ended January 9, the single European currency performed much better than during several days before, even though the overall tendency used to be mixed.
The only currencies that ourperformed the US Dollar were the Aussie and the kiwi, as investors are becoming more confident regarding the Asia-Pacific region.
In line with expectations the Bank of England kept monetary policy unchanged after its first meeting in 2015, amid cooling inflation, which fell to the lowest level in 12 years, and softer growth at the end of 2014 and going into 2015.
Yesterday, Gold was placed in the middle of the table among daily gainers and losers, as the metal was broadly little changed and lost only 0.22% in course of the session.
On Thursday, the single European currency continued with its already ten-day long streak of daily losses versus the vast majority of other currencies.
The demand for the US Dollar was been increased lately - the currency gained 0.73% against the Yen and 0.43% aganst the Euro, as the fundamental surprised to the upside.