The Sterling appreciated against most major peers, with exception against the commodity currencies, such as the Aussie and the Kiwi.
Commodities traded confidently in green on Tuesday as all of them posted a positive daily change. Gold advanced the least by 0.2% as the bullion's traders are expecting some important statistics to be published in many countries around the world today.
Euro traded in a mixed environment on Tuesday, while rallying versus three major currencies and losing value against four of them. EUR/JPY gained the most of 1% as the risk appetite is returning to the markets and the Yen's safe-haven status is deteriorating. The same story happened with the Swiss Franc, which lost 0.6% in its pair with the 19-nation
The US Dollar experienced mixed performance on Monday, appreciating against some major peers and declining against the others.
The British currency appreciated against most major peers on Monday, amid investor's sentiment improvements and Chinese stock market stabilisation hopes.
Futures for the international benchmark Brent oil slid 3% on Monday, while contracts for Crude dipped 2.2% yesterday. In the meantime, gold prices saw no change during the most recent trading session as low volatility of the market persisted amid the Labour Day in the US. Other commodities including corn and silver were trading up and down in the range
EUR/CHF benefited the most in the beginning of this week on Monday, as this currency pair added 0.5% in the past 24 hours. The Swiss Franc lost ground after a report on Foreign Currency Reserves of the Swiss National Bank, which rose to a record-high of 540 billion francs in August, providing the explanation for recent weakness of the Swiss
Amid mixed labor market data, the US Dollar advanced against some major peers, but declined against the others.
The Sterling experienced mixed performance over Friday and the weekend, appreciating against some major peers and declining against the others.
The only positive performer on Friday of the previous week was corn, which added 0.2%. On the negative side, gold and silver lost 0.5% and 0.7%, respectively, as risks decreased amid positive US labour market fundamentals. In the meantime, oil dropped more than 2% again, with Crude falling 2.4% to $46 per barrel and Brent declining 2.8% below the $50
Both Kiwi and Aussie sank against the Euro on Friday, as these currencies also took a hit versus the US Dollar amid labour market data from the world's biggest economy, which showed the country's jobless rate falling to pre-crisis levels.
The Greenback experienced mixed performance over Thursday, declining against some major peers and appreciating against the others.
The British Pound suffered losses against most major peers, amid poor Services PMI data yesterday.
Gold was down 0.65% yesterday, while declining along with corn, which in turn lost 1.5%. On the other hand, fossil fuels have mostly advanced on Thursday, with natural gas leading gains at 2.8%. Oil prices grew in the range between 0.4% and 1.2% as risk appetite rose among investors after the European Central Bank confirmed it is ready to add
Euro traded firmly in red on Thursday, amid somewhat dovish comments from the ECB president Mario Draghi as the regulator decided to downgrade both growth and inflation forecasts. Among the main losers, EUR/CAD and EUR/NZD slid 1.35% and 1.14%, respectively, as oil rising prices helped the Canadian and New Zealand dollars to recover. All in all, major crosses of the
The US Dollar increased against most major peers on Wednesday, despite rather poor ADP data.
The Sterling experienced mixed performance over Wednesday, but mostly remaining strong against other major currencies.
Oil posted gains after yesterday, with Crude adding 4.97% and Brent rising 4.07%, amid an increases in U.S. stockpiles last week and the first OPEC supply decline in a while.
The European currency sustained rather serious losses on Wednesday, declining against most major peers, with exception against the Swissie and the Yen.
The US Dollar experienced mixed performance over the Tuesday, appreciating against some major peers and suffering losses against the others.
The British currency declined against most major peers on Tuesday, amid poor Manufacturing PMI data.
After a three-day long streak of gains, oil fell under substantial selling pressure on Tuesday as investors are worried about China dragging global economic growth down. Yesterday morning the data showed manufacturing activity in China falling into contraction area. As a result, Brent slipped 8.2% and bounced back from $54 to under $49 per barrel, while Crude lost 7.5% in
Australian Dollar took a major hit on Tuesday, by declining more than 2% against the Euro. The Reserve Bank of Australia kept the monetary policy stance unchanged, but Chinese slowdown is pushing forward the idea of further monetary weakening in the nearest future.
The US Dollar appreciated against some major peers, but also sustained minor losses against the others.