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.
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.
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.
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.
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.
Yesterday's data had quite negative effect on the Greenback, as it fell 0.62% against CAD and 0.58% against its New Zealand and Australian counterparts.
The US Dollar had mixed performance after yesterday's data. The Buck gained most ground against the Euro (0.33%), while it suffered the largest losses against the NZD (0.50%).
Apparently, the net effect of Friday's data was negative for the Dollar, and the currency underperformed. USD/CAD fell 0.49%, and the Buck depreciated 0.47% against its New Zealand counterpart.
Disappointing data heavily weighed on the US Dollar that managed to appreciate only relative to the Swiss Franc (0.24%). USD/JPY and USD/CAD shed 1.12 and 0.97%, respectively.
Yesterday demand for the Japanese Yen was weak. The currency depreciated relative to all its major counterparts, although the fundamentals were reported to be better than expected.
The Sterling was the only currency the US Dollar failed to outperform (-0.26%). At the same time, USD/CAD and USD/JPY advannced 0.96 and 0.67% north, respectively.
The Japanese Yen turned out to be among the top performers yesterday, benefiting from a widening trade balance surplus.
The US Dollar outperformed all its counterparts on Friday, staying unchanged only relative to the Aussie.
The negative tendencies in some of the main indicators of the US economic health depressed demand for the Dollar.
The actual employment change as calculated by the ADP turned out to be lower than expected, and the US Dollar was only the fourth best-performing currency on Wednesday.
The demand for the US Dollar was depressed on Feb 3, as the factory orders contracted more than the market on average expected.
The US Dollar felt the negative impact of the disappointing ISM Manufacturing PMI, depreciating relative to four out of seven currencies.
Despite the disappointing data the US Dollar fared relatively well in the forex market, advancing 0.92% versus its Canadian counterpart and 0.31% versus the Euro.
In USD/JPY, GBP/JPY and EUR/JPY pairs the Japanese Yen closed in red yesterday, as the fundamentals did not favour a recovery of the currency.
After poor performance recorded on Wednesday, the greenback appreciated against all its major counterparts except for the Yen (-0.28%) on the day of the FOMC Statement.
The US Dollar underperformed all the major currencies, staying unchanged only against the Swiss Franc.
Despite the disappointing data released on Friday, the US Dollar was the second best performing currency among the majors, losing solely to the Japanese Yen (-0.61%).
Despite the disappointing data released on Friday, the US Dollar was the second best performing currency among the majors, losing solely to the Japanese Yen (-0.61%).
The demand for the Yen appeared to be strong yesterday, as the currency appreciated relative to all its main counterparts but two (USD and CAD).