After falling back below the 2013 low in the evening on Monday, the bullion decided to continue hovering beneath this level the next day as well.
Upon reaching the 122 psychological level, the USD/JPY currency pair was pushed back; however, the Buck still failed to close higher.
The Sterling declined versus the US Dollar on Tuesday, amid better-than-expected US fundamentals.
Yesterday EUR/USD bounced back from the long-term downtrend, the line which is also supported by the weekly pivot point at 1.1234.
In spite of our expectations, the Kiwi managed to inch up over Monday.
The USD/CAD surprised with its performance yesterday, as the pair gained over 60 pips.
On Monday, the Australian Dollar behaved in accordance with expectations, as it appreciated against the Greenback.
The European currency skyrocketed on Monday in attempt to reach the exchange rate, where the gap occurred.
Gold lost value yesterday, following a positive jump in the beginning of the trading day.
Despite reaching the 123 major level, the USD/JPY remained relatively unchanged on Monday.
On Monday, the Sterling appreciated against the US Dollar, but not as much as anticipated.
A considerable drop in the beginning of trading on Monday managed to provide the common currency with a significant bullish momentum afterwards, and EUR/USD faced no issues when returning back above the 1.12 mark.
The New Zealand Dollar declined against its US counterpart slightly more than anticipated, as it breached the weekly S1 support and settled at 0.6836.
The USD/CAD underperformed at last week's end, as the pair edged lower rather than rallying.
At the end of last week, the US Dollar outperformed the Aussie, causing it to fall down to 0.7630.
Last Friday, the EUR/JPY cross suffered a small loss, but settled above the immediate support, despite reaching the second one.
There has been a moderate move to the upside by the bullion on Friday, following four consecutive days of losses that pushed the price of gold below the 2013 low, down to 1,168.
On Friday, upon reaching the weekly PP at 123.23, the USD/JPY managed to rebound.
The Cable remained relatively unchanged last Friday, despite better-than-expected fundamental data.
EUR/USD collapsed in the morning on Monday, overshadowing developments that took place before the weekend on Friday, as Greece rejected the deal, called a referendum and imposed capital controls on banks.
The NZD/USD currency pair did not behave in accordance with expectations.
On Thursday, the US Dollar suffered rather serious losses yesterday, but was unable to negate Wednesday's gains.
The Aussie appreciated against its US counterpart yesterday, but not as much as anticipated.
Although the European currency tested the 137.69 level yesterday, attempts to break out of the ascending channel pattern were in vain.