The Sterling struggled to outperform other major currencies, as it mainly succeeded only against the Swiss Franc.
Commodities spent Wednesday fully in the green territory, as all of them posted successful gains amid weaker American currency and other factors.
Being that oil prices booked daily gains of more than 6% on Wednesday, commodity-linked currencies inched much higher against the Euro.
The US Dollar managed to outperform all other major currencies, except for the Japanese Yen.
Rather poor inflation figures caused the Sterling to sustain serious losses against most major peers on Tuesday.
Energy components had been gaining ground before the meeting of Russian and Saudi Arabian officials. They were expected to make decisions about oil output in their countries, which should have had a favourable impact on prices.
The fastest increase in the value of the single currency was registered by the currency pairs with the Kiwi and Pound Sterling, as these components surged by 0.94% and 0.82%, respectively.
The Greenback started the week by outperforming most of other major currencies, despite there being a bank holiday in the US yesterday.
The Sterling experienced mixed performance on Monday, having appreciated against some major peers, but declining against the others.
Precious metals were casualties of a strong rebound in stock markets across Asia and Europe on February 15, while US trading was closed for the President's Day.
As US markets were closed for trading on Monday, all eyes were on the ECB President Mario Draghi's speech before the European Parliament's Economic and Monetary Affairs Committee.
The US ended the week relatively positive, as it appreciated against most major peers on Friday and over the weekend.
On Friday and over the weekend the British currency outperformed most major peers.
Oil prices registered an incredible climb of more than 10% on Friday, as Brent surged by 11% and Crude was up by 12.32% on just a one-day basis.
The Euro booked mixed results against other currencies throughout the trading session on Friday.
The British currency declined against other major currencies on Thursday.
The US currency underwent another series of declines on Thursday, having appreciated only against the Sterling and the Loonie.
In percentage terms oil prices have not showed their sharpest ever decline on Thursday. At the same time, a 4.5% drop for Crude was enough to send the spot towards $26 per barrel or the lowest level since early 2003.
The Euro is trying to find a balance between other safe haven and risky currencies, meaning there are broadly different developments posted by different currency pairs.
After Yellen's testimony on Wednesday, the US currency weakened against most major peers, only managing to noticeably outperform the Loonie.
Despite rather weak UK Manufacturing Production data, the British currency suffered losses only against two other major currencies, namely the Kiwi and the Yen.
Brent oil was the best performer on February 10 and it completely diverged with its US peer Crude. The former surged by 1.72% and the latter was down by 1.75%, the second worst result across the board.
Wednesday saw the Japanese Yen skyrocketing by 1.54% at the expense on the Euro, as the most popular haven currency experiences an inflow of funds due to greater global economic, financial and central bank uncertainty.
In spite of a rather good reading of the US JOLTS Job Openings, the US currency sustained rather heavy losses, with exception against the Aussie.