The US Dollar mostly suffered losses yesterday, with exception versus the Kiwi, as it gained 0.89% against it.
The British Pound appreciated against most major peers yesterday, with exception against the Aussie.
The yellow metal was undeniably the best performer of the yesterday's trading session, as it managed to surge by 1.38% on a daily basis.
Recently the New Zealand Dollar has already posted a noticeable drop against the Euro and other majors on the foreign exchange, while yesterday we observed a similar development, as the EUR/NZD cross surged 1.07%.
The Greenback sustained serious losses on Wednesday.
The British Pound retains its title of one of the best-performing currencies, advanced against most major currencies yesterday.
The FOMC meeting yesterday used to have bearish impact on the US Dollar, as the Fed decreased US GDP growth forecasts for this year, while adding that the pace of monetary policy tightening is likely to be slower than anticipated in 2016.
Yesterday, the single currency posted a 0.8% climb in value against four major currencies all around the world, including the Yen, Aussie, Kiwi and Greenback.
The US Dollar experienced mixed performance over Tuesday.
The British Pound was one of the best-performing currencies on Tuesday, as it appreciated against most major peers.
Despite an advance of gold after the US fundamentals on Tuesday, the market stayed broadly tepid ahead of the key meeting of the Federal Reserve on Wednesday, when greater volatility is expected from the bullion. Moreover, the metal still failed to climb enough in order to register a daily increase in value, as it fell 0.37% on the day-to-day basis.
The Euro traded on the downside versus all majors on Tuesday, while losing the most value against the Sterling and Canadian Dollar.
The US Dollar's performance over Monday was poor, as it mostly suffered losses.
The Sterling was one of the best-performing currencies on Monday, as it appreciated against most major peers, with exception against the Aussie.
Commodity market performed in the mixed environment on Monday, as the only distinct market mover was natural gas, which surged 5% during the first trading session of the week.
While initially trading on the topside, the Dollar pared gains versus its pan-European counterpart by the end of the session, following disappointing manufacturing production data from the US.
The Greenback experienced mixed performance on Friday, as It appreciated against some major peers and declined against the others.
The British currency performed rather well over Friday, with exception against the Swiss Franc.
Gold has generally outperformed during second trading week of June, despite falling on Thursday and hovering in the sideways trend just before the weekend.
The previous trading week was finished in the mixed environment for the Euro, with the currency trading sideways amid lack of macro news all across the board.
The US Dollar was one of the best-performing currencies on Thursday, as it appreciated against most major peers.
The Sterling experienced rather good performance over the day.
There has been a moderate decline registered by all but one commodity from our review on Thursday.
A rate hike from the Reserve Bank of New Zealand has finally been reflected in our most recent review on the common European currency, as the EUR/NZD currency pair surged 2.09% during the past 24 hours.