The US currency experienced mixed performance over the day, as it appreciated against some major peers and declined against the others.
The British currency has recovered after slumping against most major peers for two days straight.
Both Crude and Brent prices were down on Wednesday, after a release on US oil inventories showed the stockpiles rose 2.5 million barrels last week. As a result, Brent dipped 1.53% to fall below $50 a barrel, while Crude is trading down 2.6% to around $56.
Despite the fact that the Reserve Bank of New Zealand decided to cut the main interest rate by 25 basis points this morning and the Kiwi surged considerably after that, this development has not been reflected in today's review on currency changes, which are tracking performance of the previous day only.
The American Dollar decline against most major peers yesterday, with exception versus the Sterling.
The Sterling retains its title of one of the worst-performing currencies.
All commodities without any exception were trading to the upside on Tuesday, even though some of them posted just a marginal increase in value at the end of the session. Among them were gold and corn, which added just 0.02% and 0.12%, correspondingly.
The data-quiet trading session on Tuesday did not find a reflection in the performance of the Euro against its counterparts. The shared currency showed some decisive moves versus the British Pound and US Dollar, by gaining 1.04% and 0.95% against them, accordingly.
The Greenback experienced mixed performance over Monday, remaining mostly unchanged against some major peers.
The British Pound was one of the worst-performing currencies on Monday, as it declined against most major peers.
With no surprise, the precious metal posted a steep 2.9% plunge in price on Monday, while losses were even exceeding 4% at the worst moment early yesterday morning.
The New Zealand Dollar is appreciating against other global currencies, including the Euro. Economists are waiting for a crucial RBNZ cash-rate decision on Thursday. They expect the regulator to cut the benchmark rate by just 25 basis points, even though markets seem to be pricing a 50 basis points' decrease.
The US Dollar remained strong on Friday, strengthening against most major currencies.
The Sterling ended the week with rather good performance, as it appreciated against most major peers, with exception versus the US Dollar and the Yen.
Gold dropped as much as 1.09% on Friday, but it was only the third worst-performing commodity from the list that is covered by our review. Corn and natural gas depreciated the most by 2.4% and 1.57%, respectively.
Losses of the Euro against its main counterparts did not exceed 0.5% last Friday. Gains were in turn registered only versus two currencies, namely the Australian Dollar and Swiss Franc by 0.13% and 0.05%, respectively.
The US Dollar experienced rather good performance over Thursday, as it appreciated against most major currencies, with exception against the Aussie.
The British Pound experienced mixed performance on Thursday, but gains still exceeded losses.
Commodities posted a confident downward development in course of the past 24 hours. Gold and silver suffered the least yesterday, by losing just 0.29% and 0.31%, respectively. However, other components that are included in our review, showed a decline of more than 0.5%, while Crude oil and 1.41% led the losers' side by depreciating as much as 1.1% and 1.41%,
The major underperformer among the Euro crosses was the EUR/AUD currency pair, which dropped as much as 1.08% on Thursday. The Australian Dollar was pressed by a number of different factors, but stronger US Dollar weighed this currency the most.
The Greenback gained value against most major peers over Wednesday.
The Sterling retains its role of one of the best-performing currencies.
Oil returned back in red on Wednesday, as investors were cautiously awaiting the fresh report on stockpiles in the US. Therefore, both Crude and Brent were down 3.07% and 2.5%, correspondingly.
It is worth pointing out the Euro's rally against the Canadian Dollar yesterday. The Loonie remained under intense pressure amid a quite unexpected decision of the Bank of Canada to cut the key interest rate by 25 basis points, down to 0.5%.