Despite declining around 0.14%, Gold used to be the second-best performer among main commodities on Thursday.
On Thursday, the Euro managed to recover some losses it accumulated during a couple of days before.
The Pound declined against almost all currencies; however, some gains were detected against the Euro. The Sterling lost 1.18% versus the Kiwi and 0.93% versus the Greenback. Nonetheless, the British currency appreciated 0.48% against the Euro, whereas it remained relatively unchanged against the Swiss Franc.
Opposite to our previous report on Gold, this time it is should be pointed out that the bullion was among those commodities to decline in value on Wednesday.
For a second consecutive day the Euro used to be the major under-performer among main currencies as it dropped against each of them.
The Greenback added in value noticeably versus all its major peers on Wednesday, with the exception of the Kiwi. The US Dollar appreciated the most versus the Euro, 1.42%, while lesser gains of 0.98% and 0.93% were registered against the Swiss Franc and the Sterling, respectively. However, the Buck lost 0.28% versus its New Zealand counterpart.
The Sterling performed well against most majors, despite some registered declines. The Pound lost 0.38% and 0.40% versus the Greenback and the Japanese Yen, respectively. Nevertheless, noticeable gains of 1.05% were seen against the Euro and 1% versus the Swiss Franc.
The US Dollar appreciated noticeably during Tuesday. The currency gained value against all its majors peers except the Yen, relatively to which the Dollar stayed unchanged. Two most significant increases were registered versus the Euro and the Swiss Franc, 1.44% and 1.38%, respectively.
Even though Gold slipped slightly on Tuesday, it registered a third best performance among main commodities that we are usually reviewing.
The Euro dropped noticeably during trading on Tuesday as it posted a decline against all of its major peers across the board.
Monday was a high-performance day for the Sterling, as it appreciated against most majors. The Pound strengthened the most against the Japanese Yen and the Aussie, adding 0.87% and 0.79%, respectively, whereas the least but still substantial gain was versus the Loonie, specifically 0.44%.
On Monday, the US Dollar's performance deteriorated, as it experienced more losses than gains. The Greenback managed to add 0.26% and 0.18% against the Japanese Yen and the Aussie, respectively. Nevertheless, the Buck lost 0.59% versus the Sterling and 0.16% versus the Loonie.
On a daily basis, Gold was completely unchanged during the trading session on Monday, even though today the bullion resumed the tendency to lose value.
Volatility of the Euro used to be much smaller on Monday, compared to Friday of last week.
The Sterling declined against most majors, but still was not the worst performer on Friday. The Pound lost 1.33% versus the Greenback and 0.76% versus the Japanese Yen, whereas it gained 0.37% against the Euro and 0.27% against the Kiwi.
Yet another high-performance day for the US Dollar, as it appreciated against most majors. The Greenback added 1.71% and 1.69% versus the Euro and the Kiwi, respectively, following with lesser gains of 1.33% against the Sterling and 1.24% versus the Swiss Franc.
Expectations for an upcoming increase of Fed's interest rates and improving labour market situation in the United States pushed down demand for commodities on Friday.
The shared currency posted a significant decline against all major currencies last Friday.
The Sterling strengthened against all its major peers, except for the US Dollar. The Pound lost 0.16% versus the Greenback, but gained 1.27% versus the Kiwi, 0.94% versus the Swiss Franc.
The US Dollar outperformed yesterday, as it advanced against all major counterparts. The Greenback appreciated 1.37% versus the Kiwi, 1.11% versus the Swiss France, following with lesser gains against other majors.
On Thursday, only fossil fuels showed a noticeable development in terms of price changes.
Despite the ECB meeting on Thursday which was supposed to provide the Euro some considerable bearish impetus, in reality the single currency has showed a mixed development during yesterday.
The Greenback had mixed performance yesterday. The US Dollar slid 0.50% and 0.55% versus its New Zealand and Canadian counterparts, respectively. However, the Buck gained 0.87% against the Euro and 0.63% against the Sterling.
Among main commodities, only natural gas and Crude type of oil gained significant value on Wednesday as they added 2.10% and 2%, respectively.