First part of Tuesday was distinctly bullish for the Euro, as this currency skyrocketed to another multi-month high above the 1.16 mark.
Due to a poor reading of the US Manufacturing PMI, the New Zealand Dollar outperformed the American Dollar, having added almost 45 pips yesterday.
The US Dollar continued to decline against the Canadian currency for the fifth consecutive time yesterday, but managed to remain above the 1.25 mark.
The AUD/USD currency pair managed to preserve the rising wedge pattern yesterday, as the exchange rate surged above the immediate resistance cluster.
Not only did the European single currency appreciate against the Japanese Yen on Monday, but also erased Friday's losses completely.
The winning streak of gold futures tried to extend as far as 1,304 on Monday, but the bears regained momentum by the end of US trading and closed the spot below the vital 1,300 mark.
Even though the Greenback managed to edge higher against the Yen yesterday, thus, confirming the bullish recovery, but gains accounted for only 20 pips.
On Monday the Sterling managed to prolong its bullish momentum and post rather solid gains against the US Dollar.
Weakness of the Dollar transferred to the new working week, as another piece of soft North American data pushed EUR/USD beyond 1.15.
The Greenback remained completely unchanged against its Canadian counterpart at the end of the previous week, although the 1.25 was put to the test.
The EUR/JPY currency pair edged lower for the second time on Friday, having plunged under the 122.00 major level.
The New Zealand Dollar succeeded in outperforming the American Dollar on Friday, but failed to retake the 0.70 mark, ultimately posting a 20-pip gain.
Upon putting the 20-day SMA to the test, the Australian currency erased all intraday gains and suffered an 18-pip loss, having approached the 0.76 major level on Friday.
On Friday gold prices were a subject to the sharpest rally since mid-March. Daily increase, which amounted to more than 2%, brought the spot to the 1,292.10 mark by session-end, up from 1,232.66 last Monday.
The US Dollar experienced another relatively sharp decline on Friday, falling below the 18-month low of 107.63.
The GBP/USD currency pair remained relatively unchanged on Friday, with the pair edging only 5 pips higher over that day.
Advance of the Euro against the Greenback was stretched over the American session on Friday, as the market allowed for a spike up until the 1.1450 mark.
Having appreciated yesterday, the New Zealand Dollar prolonged the lifespan of the ascending channel pattern.
The US Dollar continued to decline against its Canadian counterpart, as the US GDP data disappointed yesterday.
The AUD/USD currency pair experienced a small corrective rally on Thursday, but with the 20-day SMA providing sufficient resistance to limit the gains.
The Euro plummeted more than 350 pips against the Japanese Yen yesterday, as the BoJ decided to leave its monetary policy unchanged.
The bullion booked a tremendous rally on Thursday, as a very decisive bullish action managed to close the daily trading above the most important resistance of 1,258/63 represented by the weekly R1 and February high.
The American Dollar suffered a heavy loss on Thursday, triggered both by the BoJ's decision and a poor reading of the US GDP.
Disappointment in yesterday's US GDP figures caused the Cable to negate Wednesday's losses, but the immediate resistance in face of the monthly PP and the weekly R2 remained intact.