During this week's first working day, all main commodities managed to gain strong ground during the trading session, with Crude oil and silver surging the most.
Yesterday, movements of the Euro currency used to be very small in both positive and negative directions, as the single currency was affected by optimistic German statistical data from one side and EU-Greece political tensions from another one.
The Pound performed poorly yesterday, losing against all its major counterparts, as Friday's disappointing news keeps demand for the Sterling depressed.
The US Dollar outperformed all its counterparts on Friday, staying unchanged only relative to the Aussie.
On the last day of the previous trading week, the single currency lost value against all major counterparts as it remained increasingly volatile for a fourth consecutive day.
On Friday of last week, the bullion was the second-worst performer among main commodities on the market.
Despite the disappointing news the Sterling balanced between the gains and losses on Friday.
The negative tendencies in some of the main indicators of the US economic health depressed demand for the Dollar.
On Thursday, the bullion registered only slight changes over trading time, as it fell 0.36% and was followed by silver which dropped 0.62%.
Despite disagreements between Germany and Greece on the latter's bailout programme and future relationships with the EU, yesterday the common European currency managed to regain bullish momentum and advance against all major currencies.
The Pound preserved the bullish momentum and ended yet another day in green.
The actual employment change as calculated by the ADP turned out to be lower than expected, and the US Dollar was only the fourth best-performing currency on Wednesday.
The two-day streak of Gold's decline in price seemed to come to an end, while on Wednesday the yellow metal rebounded 0.70%, thus registering the fastest increase among major commodities.
On the background of pessimistic news from the ECB in face of funding cuts for Greek financial system, the Euro dropped considerably yesterday against all but one major currency.
The Sterling keeps outperforming the market on the back of better-then-expected data.
The demand for the US Dollar was depressed on Feb 3, as the factory orders contracted more than the market on average expected.
Buoyed by positive economic data the British Pound outperformed most of its counterparts yesterday.
For the second consecutive day, Gold registered the sharpest decline among main commodities on the market as it dropped 1.09% during trading.
On Tuesday, the single European currency gained ground against all major counterparts, following positive news from Greece.
The US Dollar felt the negative impact of the disappointing ISM Manufacturing PMI, depreciating relative to four out of seven currencies.
Despite the yesterday's data exceeding the expectations of the market, the British Pound ceded some of the ground, losing 1.48% against the Loonie and 0.79% against the Kiwi.
Following a strong rebound in price of Gold back on Friday of previous week, on Monday the bullion decided to remain volatile, therefore registering the worst performance among main commodities on the market.
In the beginning of new working week, the common currency decided to remain rather silent in terms of any movements versus its counterparts, as only EUR/CHF cross exceeded 1% change to grow as much as 1.26% during trading.
Despite the disappointing data the US Dollar fared relatively well in the forex market, advancing 0.92% versus its Canadian counterpart and 0.31% versus the Euro.