The British currency experienced mixed performance over the day.
Commodities traded strongly in the red in course of last trading session.
On Tuesday, the European Central Bank announced a possibility to expand asset purchases in May and June, in order to cope with low market liquidity at the end of summer.
The Sterling appreciated against most major peers over the day, with exception against the US Dollar.
The US Dollar was one of the best-performing currencies yesterday, with exception against the Sterling.
All commodities that are included in our review registered a significant plunge on Monday.
The common currency experienced the most considerable drop against the American Dollar on Monday, by declining 0.71%.
The US Dollar ignored disappointing in fundamentals Friday and appreciated across the board, losing only to the European currency (-0.33%).
Although there were no disappointing fundamental events during Friday, the Sterling was more bearish than bullish.
Crude oil used to put significant pressure on the benchmark S&P GSCI Index on Friday, considering its high share of contribution.
Bullish tendency of the Euro continued on the last day of the previous week, as an advance was posted by all major currency pairs.
The US Dollar experienced mixed performance yesterday. The Greenback added 0.40% and 0.21% against the Aussie and the Loonie, respectively. Losses of 0.49% were detected against both, the Swiss Franc and the Euro, following with minor ones versus the Sterling (0.19%) and the Kiwi (0.16%). Furthermore, the Buck remained relatively unchanged against the Yen, gaining 0.03%.
The Sterling experienced mixed performance over the day. Losses of 0.30% and 0.29% were recorded against the Swiss Franc and the Euro, respectively. At the same time, the British Pound appreciated 0.60% versus the Aussie and 0.41% versus the Loonie, following with lesser gains of 0.22% against the Yen and 0.20% against the Greenback. The Pound remained relative unchanged against
The benchmark S&P GSCI Index added just 0.07% on Thursday.
The single European currency traded in the bullish environment on Thursday, as it advanced versus all but one major currency on the foreign exchange.
Although the Cable appreciated yesterday, Sterling suffered losses against other major peers. A 1.22% fall was registered against the Aussie, following with 1.16% decline versus the Kiwi. Lesser losses of 0.88% and 0.77% were detected against the Swissie and the Euro, respectively. The British Pound remained relatively unchanged against the Yen (-0.13%) and the Loonie (-0.04%), whereas it gained 0.47%
The Buck experienced further weakness and suffered serious losses. Huge declines of 1.68% and 1.65% were registered against the Aussie and the Kiwi, respectively, following with a 1.35% dip against the Swiss Franc and 1.24% fall versus the Euro. The US Dollar was most resilient against the Sterling, Loonie and Yen, having lost 0.47%, 0.51% and 0.60%, respectively.
On Wednesday, many commodities continued to increase in price and prolonged their positive tendency from Tuesday.
For the second successive day, EUR/USD advanced the most among all currency pairs of the Euro.
The Greenback fell under pressure yesterday and suffered substantial losses. The Buck lost the most versus the Aussie (1.08%), following with a 0.69% decline against the Loonie, 0.55% against the Sterling, 0.54% versus the Swiss Franc and 0.51% versus the Euro. The smallest losses were registered against the Yen and the Kiwi, 0.17% and 0.37%, respectively.
The Sterling experienced mixed performance over the day. The Pound added 0.55% against the US Dollar, 0.37% against the Yen and 0.17 against the Kiwi, while losses of 0.53% and 0.15% were registered versus the Aussie and the Loonie, respectively. Nevertheless, the British currency remained relative unchanged against the Euro, adding 0.02%, and the Swiss Franc, gaining only 0.01%.
Following exceptionally weak commodity market's performance on Monday, it erased the vast part of losses a day later, with growth posted by all commodities from our review.
Yesterday, the Euro increased in value against three of its main counterparts, while declining versus four of them.
The US Dollar experienced rather good performance yesterday, with exception against the Sterling. Kiwi suffered substantial losses 0f 2.13% against the Greenback, while other currencies lost less than one percent. The following three largest gains were detected against the Aussie (0.55%), the Euro (0.48%) and the Swissie (0.42%). However, the Buck declined 0.96% versus the British Pound.