EUR/USD is getting ready for sharp losses by the end of new trading week, in case the ECB announces more stimulus on Thursday.
The Kiwi weakened against its US counterpart on Thursday, but failed to retreat towards the 55-day SMA, as the 20-day one limited the losses at 0.6568.
Once again the weekly PP and monthly R1 pushed the USD/CAD lower, allowing the pair to appreciate only four pips and remain under 1.33.
The AUD/USD currency pair behaved in accordance with the forecast yesterday, as it declined, but stabilised above the down-trend.
The immediate support cluster somewhat failed at holding the losses, as only the cluster's final level was able to prevent a decline beyond 130.00.
The bullion was literally unchanged in price on Thursday, which is explained by US Bank Holiday and low volatility in both commodity and FX markets.
On Thursday the US Dollar edged lower against the Japanese Yen, somewhat breaching the up-trend.
The Sterling made its way closer to the Nov low yesterday, by falling towards the major level of 1.51 against the US Dollar.
EUR/USD continued to trade in a tight range on Thursday, owing to lack of major fundamental and technical drivers throughout the day.
The NZ Dollar appreciated only 23 pips against its US counterpart on Wednesday, also closing trade at the highest in three weeks.
Upon reaching the immediate resistance cluster, the pair was pushed back down, breaking through the support line.
The AUD/USD failed to return under the down-trend yesterday and remained relatively unchanged over the day.
The single currency remained relatively unchanged against the Japanese Yen on Wednesday, having lost only four pips.
More or less optimistic US statistics used to have a "reminder" effect for investors who switched back to Fed policy expectations.
The Greenback managed to rebound from the up-trend on Wednesday and even tested the immediate resistance in face of the weekly PP.
The Sterling outperformed the US Dollar yesterday, amid the budget announcement in the Autumn Forecast Statement.
A first bunch of strong US data boosted the Dollar on Wednesday, thus sending EUR/USD down to a 7-month low of 1.0565.
The Kiwi also benefited from rising commodity prices yesterday and, thus, outperformed the US Dollar.
There were no surprises in the USD/CAD's performance on Tuesday, as the pair retested the up-trend and closed trade just above 1.33.
The Aussie overperformed yesterday, closing trade above a one-year long resistance line, due to a surge in commodity prices.
On Tuesday the European currency edged lower against the Japanese Yen, touching the channel's lower border.
The precious metal's development was subdued in course of Tuesday, with no strong impetus provided by any of American statistical data.
The USD/JPY appears to be ignoring positive US fundamental data, as the pair dropped 32 pips lower yesterday, even touching the up-trend over the day.
The Cable's volatility almost reached the second support area yesterday, with trade closing at 1.5077, slightly above the expected level.