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%.
The US Dollar suffered losses against most major peers on Tuesday.
The Sterling gained value against most major currencies yesterday, amid the BoE's monetary policy statement.
It seems that events in Vienna, where the nuclear deal with Iran was signed, used to have no significant downward impact on oil prices.
Despite disappointing data published yesterday in the UK, the Sterling even managed to rally 0.91% versus the single currency, showing the biggest change among all major crosses of the Euro.
The Greenback was one of the best-performing currencies on Monday, as it advanced against other major peers.
The Sterling retains its role of one of the best-performing currencies, but this time with exception against the Greenback.
Oil prices experienced a decline of more than one percentage point yesterday, as the Iran nuclear deal was approaching its final end after missing four deadlines in the past 18 days.
The Euro suffered quite heavy losses against its peers on Monday, despite Greece reaching a long-awaited agreement with its creditors after more than 15 hours of intensive talks.
The US Dollar was seen declining against some major currencies since Friday, as well as advancing against the others.
The Sterling was one of the best performing currencies on Friday and the weekend, as it appreciated against most major peers, with exception against the Euro.
The most traded commodities, including gold and oil, were mostly unchanged in their price last Friday.
Waning Greek fears were strongly reflected in the performance of the Euro against its peers on Friday. The 19-nation currency added the most versus the safe-haven Japanese yen, with market participants acquiring the Euro as hope returned that Greece and its creditors will reach a deal by the weekend.
The US Dollar appreciated against most major peers, with exception against the Yen and the Sterling.
The British currency experienced mixed performance on Thursday, as it not only appreciated against some major currencies, but also declined against the others.
Despite early gains, gold advanced by just 0.1% yesterday and was the worst performer among major commodities that are included in our review.
The Euro gave up yesterday against all but one major global currency, while adding 0.12% only in its pair with the Canadian Dollar. In the meantime, it has endured the biggest losses versus the British Pound and Japanese Yen of 0.75% and 0.67%, respectively.
After strengthening on Tuesday, the US Dollar experienced mixed performance over Wednesday.