The British Pound retained its title of the worst performer on Friday, as it declined against most major peers. The sharpest losses were recorded against the Yen (0.85%), the Loonie (0.65%) and the US Dollar (0.55%). However, the Sterling remained relatively unchanged versus the Euro (-0.01%).
The US Dollar performed well over the day, as it appreciated against most major currencies. Largest gains were recorded against the Swiss Franc (1.15%), the Euro (1.13%) and the Sterling (1.04%). However, the Buck slightly declined versus the Kiwi and the Aussie, losing 0.18% and 0.10%, respectively.
Commodity market performed in a divergent way on Thursday.
Ignoring a zero change of the Euro against the Swiss Franc, the common currency continued falling versus the vast majority of its counterparts.
The Sterling was one of the worst performers yesterday, as it declined against most major peers. The Pound lost the most against the Kiwi, 1.20%, following with 1.13% and 1.03% plunges versus the Aussie and the Greenback. However, the British currency remained relatively unchanged versus the Euro and the Swissie, adding 0.09% and 0.10%, respectively.
The British Pound performed relatively well over the day. The Sterling advanced the most versus the Loonie and the Euro, 0.72% against each one of them. Lesser gains were recorded against the other major peers, except for the Aussie and the Kiwi, where the Pound lost 0.27% and 0.39%, respectively.
The US Dollar's performance was mixed over the day. The Greenback appreciated 0.32% both against the Euro and the Loonie; however, it remained relatively unchanged versus the Swissie (adding 0.05%). Substantial losses were detected against the Kiwi (0.76%), the Aussie (0.65%), and the Sterling (0.40%).
Following considerably worse than expected US oil inventories data posted yesterday, the black gold registered one of its fastest drops in recent weeks.
The single currency has only achieved a slight positive change against the Canadian Dollar during trading on Wednesday, which still amounted to just 0.01% on a daily basis.
Sterling's performance over the day was quite mixed, as gains, as well as losses, were seen. The Pound added 0.50% against the Euro, following with minor gains against the Swissie, Kiwi, and the Yen. At the same time, 1.02 and 0.48% declines were registered versus the Aussie and the Greenback, respectively.
The US Dollar appreciated against most major currencies, with the exception of the Aussie. The largest gain of 0.98% was detected versus the Euro, following with 0.76% appreciation against the Swiss Franc. However, the Greenback declined 0.59% against the Australian Dollar.
Despite only minor changes on Tuesday, Gold stayed on the side on under-performers during the second trading day of this week.
Yesterday, the shared European currency slumped against all of the other major currencies.
The US Dollar appreciated against most major currencies, excluding its Canadian counterpart. The largest gains were recorded against the Kiwi (0.79%) and the Swissie (0.74%), followed by smaller gains versus other peers. The Greenback remained relatively unchanged against the Loonie (-0.02%).
The Sterling performed rather well on Monday, appreciating against most major peers, except against the Greenback and the Loonie. The Pound experienced the largest gains of 0.70% and 0.66% versus the Swiss Franc and the Kiwi, respectively. Nonetheless, a loss of 0.27% was recorded against the Buck and 0.32% against the Canadian Dollar.
The yellow metal opened significantly higher on Monday, compared with the closing level seen on Thursday of the previous week.
The single European currency traded in a mixed environment during the first day of this week, remaining broadly unchanged on aggregate amid a continuation of Easter holidays.
The US Dollar fell under hard pressure last Friday, as it declined against all major currencies. The sharpest fall was recorded against the Kiwi, 1.20%, following with 0.84% and 0.83% slumps versus the Euro and Swiss Franc, respectively.
The British Pound experienced mixed performance through Friday, significantly appreciating only against the US Dollar (0.61%), but plunging versus other major peers. A 0.74% loss was detected against the Kiwi and a 0.46% decline versus the Swissie, while the Sterling remained relatively unchanged against the Yen (-0.02%), the Loonie (0.04%), and the Aussie (0.11%).
Influenced by US labour market numbers released last Friday, the American currency used to be a clear loser of the day.
The US Dollar was the second weakest currency on Thursday, declining as much as 1.08% relative to the Euro and 0.78% relative to the New Zealand Dollar. The only currency it appreciated against was the Australian Dollar, and only by 0.10%.
The Sterling mostly underperformed yesterday, but the losses were limited. The largest drop was recorded against the Euro, -1.05%, followed by -0.73% against the New Zealand Dollar and -0.72% against the Swiss Franc. Interestingly enough, GBP/USD stayed unchanged (+0.04%), even though the UK data disappointed and the US data surprised to the upside.
Yesterday, Gold failed to register a positive change in its price; however, a daily decline reached just 0.11%.
The shared currency increased in value all across the board on April 2.