The UK Manufacturing and Industrial Production data had a mild effect on the British currency, with the Sterling crosses mostly inching a few pips higher.
Oil prices have erased all Tuesday losses and rallied by almost 5% for the American-made Crude and by 3.58% for the European-traded Brent.
The Reserve Bank of New Zealand made an unexpected decision to cut the benchmark interest rate by 25 basis points to 2.25% at its meeting yesterday.
On Tuesday the US Dollar managed to outperform most major currencies, with exception against the Japanese Yen.
With another relatively quiet day, the British currency did not experience significant gains or losses.
Traders have used the opportunity to reconsider their bullish stance on oil prices in the wake of the recent agreement between Russia and OPEC countries on the matter of production freeze at January levels. Oil took a leg down and posted a daily decrease of 2.9-3.7% depending on the origin.
The Euro was considerably down only against its Japanese peer on Tuesday, as EUR/JPY dropped by 0.75% and was driven by safe-haven needs on the back of sluggish trade balance data from China.
The Sterling started the week with relatively good performance against most of other major currencies.
With another day of disappointing data and Friday's wage figures continuing to weigh on the US currency, losses were seen all over the market.
While on Friday there was one commodity (gold), which registered a loss in prices, on Monday every single component from our daily review managed to fix a green candle.
The Euro's best-performing currency pair was the one against the Kiwi on Monday, as it added 0.32%. Manufacturing sales in New Zealand dropped in the last quarter of 2015 after an advance that had been booked a quarter before.
In spite of a strong reading of the US NFP data, the Greenback declined against most major peers, with exception against the Swissie and the Yen.
The British currency experienced mixed performance on Friday and over the weekend, mostly sustaining losses against commodity-based currencies.
All commodities except gold posted a considerable increase in prices on March 4. The bullion was seen under bearish pressure amid a return of risky sentiment.
Friday brought us a very limited set of economic data; however, all available statistics was important enough in order to move markets throughout the last day of the previous week.
Another set of weak fundamental data caused the Greenback to sustain losses against most of other major currencies yesterday.
The Sterling retained most of its strength from Wednesday, thus, managing to outperform most major currencies on Thursday.
Futures of natural gas are heading for multi-decade lows amid heavy global oversupply. Yesterday this component continued to show a drop in prices of 2.32%, while being joined by Crude oil on the side of losers.
The Euro recovered the most against the Japanese Yen on Thursday by 1%, as rising appetite with respect to risk is decreasing inflow of funds into the world's main safe-haven currency.
Another day of positive data, but bad performance from the Greenback's side. .
With no certain news concerning the Brexit, investors took long Pound positions, pushing the Sterling-crosses higher.
The only commodity to depreciate on Wednesday was natural gas, which slid by almost 4% in the wake of waning demand from Japan, the world's third largest economy.
Rising risk appetite, climbing stock and commodity markets forced the Euro to continue losing value in the middle of this week.
In spite of better-than-expected US Manufacturing figures, the Buck struggled to outperform other major currencies.