The British Pound appreciated against both commodity currencies and most major peers, with exception against the Aussie and the Swissie.
In spite of rising oil prices on Thursday, this energy component is set to book a weekly loss due to sharp downward price changes earlier during the January 11-15 time period.
One of the most important data releases took place in Britain on Thursday, where the Bank of England made several monetary policy decisions.
The US Dollar's performance on Wednesday was rather formidable, as it appreciated against most major peers, with exception versus the Euro.
On Wednesday the Pound's losses exceeded its gains against most major peers.
As the American Dollar weakened by the end of trading session on Wednesday, precious metals managed to capitalise on this development.
The Euro was building solid ground at the expense of other G10 currencies throughout Wednesday of this week. In spite of some rebound in oil prices, Canadian and Australian dollars used to be the worst performers yesterday, as they dipped by 0.7% and 0.3% versus the Euro, accordingly.
The American Dollar was able to post gains against most major peers on Tuesday, with exception versus the Yen.
Amid a poor reading of the UK Manufacturing Production, the Sterling sustained losses against most major peers on Tuesday.
Despite cold winter temperatures, natural gas prices are ticking lower on day-to-day basis. Yesterday futures dropped by 5.8% amid burgeoning inventories and record-high pumping in the US.
The Euro strengthened against other currencies across the board amid weakness from other regions and commodity price rout. Euro/Sterling surged 0.65% on the back of dropping industrial and manufacturing production in Britain, which is falling due to strong UK currency and lack of economic momentum in the Euro zone and China.
The Greenback retained some of its Friday's strength following the NFP release, which helped the US currency to appreciate against most major peers on Monday.
Sentiment improved on Monday, helping the British currency to recover some losses and appreciate against most major peers.
Precious metals' prices bounced back on Monday, following gains which had been posted earlier at the end of last week. However, silver and gold lost only 0.5% and 0.9%, accordingly.
Monday was a silent day for news releases from all observed regions. Still, some currencies were driven by the commodity market and others were awaiting the beginning of an earnings season in the US.
A gradual increase in the US NFP data on Friday contributed to the Greenback's appreciation against most major peers on Friday and over the weekend.
The British currency's performance was rather mild on Friday and over the weekend, as it sustained losses against most major peers.
Some positive trading on global equity markets used to be a negative sign for precious metals on Friday of the previous week.
On Friday the common European currency continued to gain ground against all commodity-linked currencies including the Kiwi, Aussie and Loonie, owing to exceptionally low oil prices which are putting pressure on state budgets in Canada, New Zealand and Australia.
Due to a higher number of US Jobless Claims the Greenback experienced mixed performance.
The British currency struggles to post gains against commodity currencies yesterday, with exception against the Aussie.
Precious metals enjoyed a turmoil occurred in the equity markets across the globe on Thursday. Worldwide stocks extended a decline, which began on Monday of this week, with major American indices dipping down by 5% in just four trading days.
Oil prices continued to collapse on Thursday, by reaching the lowest level since late-December 2003. They are putting heavy pressure on commodity-related currencies.
The Greenback appreciated against most major peers on Wednesday, boosted by the strong reading of the ADP Non-Farm Payrolls.