The New Zealand Dollar's performance yesterday was identical to the Aussie's, as only a small loss took place.
Despite the American Dollar outperforming its Canadian counterpart for the fifth time in a row yesterday, the USD/CAD's bullish potential appears to be fading.
For the third consecutive time yesterday the Aussie remained relatively unchanged against the US Dollar, having edged only a few pips lower.
Risk aversion drove the EUR/JPY lower on Monday, with the pair suffering a larger than a 90-pip loss.
Over four trading days through Monday of this week the precious metal has fallen by about 2.5% of its value and the sell-off continues to take place today.
The risk-off sentiment drove the USD/JPY currency pair lower on Monday, having put the rising wedge's support line to the test.
The Cable was rather volatile on Monday, but ended the day in the red zone with a 21-pip loss.
While the bulls have attempted to send the EUR/USD pair above 1.1240 on Monday, their bearish peers tried to close it below 1.1190 amid hike-supportive speeches of Fed officials.
The New Zealand currency inched higher last Friday, with the immediate resistance in face of the weekly PP preventing the exchange rate from rising further.
Even though the US Dollar appreciated only 20 pips against the Canadian Dollar on Friday, the 1.31 target was still reached, as expected.
The previous week ended with the Aussie remaining flat against the US counterpart for the second day in a row.
The EUR/JPY currency pair behaved in accordance with expectations on Friday, as the exchange rate edged higher, erasing all weekly losses, but unable to climb over the monthly PP.
Friday was the second day in a row when gold prices failed to slide below the 55-day moving average line, currently placed at 1,249.95.
As was anticipated, the USD/JPY currency pair remained close to the 110.00 level, unable to pierce the immediate resistance at the end of the previous week.
Although the Sterling was outperforming the US Dollar through most of the previous week, on Friday approximately a half of intraweek gains were erased, with the pair falling more than 100 pips and stabilising in front of the 1.45 mark.
For the first time in four days the EUR/USD pair rebounded on Friday of the last week, while the gains are being extended on Monday.
On Thursday the NZD/USD currency pair remained relatively unchanged, having edged only four pips higher.
Although the US Dollar managed to outperform the Canadian Dollar yesterday, the exchange rate failed to stabilise above the 1.31 major level.
A decline in oil prices drove the Aussie lower against the Buck yesterday, but a poor reading of the Philly Fed Manufacturing Index caused the pair to almost completely erase the intraday losses.
Even though the Euro declined against the Yen on Thursday, the weekly PP managed to keep the cross elevated.
Gold prices continued to diminish on Thursday, as the weekly S1 at 1,257.01 was successfully confirmed.
The USD/JPY currency pair underwent a corrective decline on Thursday, but was unable to breach any significant technical level.
The Pound failed to post significant gains against the US Dollar on Thursday, despite the immediate resistance in face of the weekly R2 being retaken.
Even by sliding only 12 pips on Thursday, the EUR/USD currency pair has set a tone for deeper losses in the foreseeable future and prolonged its drop for a third straight day.