In the first half of Thursday's trading the New Zealand Dollar doubled its losses against the US Dollar, as the currency exchange rate plummeted below the 0.71 level.
The US Dollar was in its fourth consecutive session of gains against the Loonie, as the currency exchange rate's surge could not be hindered even by the release of better than expected Canadian GDP data, which
During the first part of Thursday's trading session the Australian Dollar against the US Dollar stopped the fluctuations between two levels of significance, which kept the rate squeezed in previously.
The common European currency extended its gains against the Japanese Yen during the first half of Thursday's trading session. During the move the rate also
On Thursday the yellow metal traded below the combined resistance cluster of the 50.00% Fibonacci retracement level at 1,248.96 and the weekly PP, which is located at 1,247.55 level.
Expectations of the Fed raising rates in March caused the US Dollar to strengthen against a basket of currencies on Wednesday, particularly against the Yen.
The Cable experienced another decline on Wednesday, with concerns over Brexit continuing to weigh on the British Pound.
During the early hours of Thursday's trading session the common European currency continued its way lower against the Greenback in accordance with the previous forecast.
The New Zealand Dollar plummeted during the first half of Wednesday's trading session against the Greenback, as the currency exchange rate fell and touched the 0.71 level.
During the first half of Wednesday's trading session the US Dollar continued to score gains against the Canadian Dollar, as the currency exchange rate fluctuated above the 1.33 mark.
The Australian Dollar weakened against the US counterpart yesterday, but managed to avoid sharp losses in spite of Trump's speech.
"The euro has been under pressure because of the political headlines. But I think that the euro has been pretty resilient especially versus the dollar. With all the political headlines, I would've expected it even lower." - Georgette Boele, ABN Amro Bank NV (based on Bloomberg) Pair's Outlook The EUR/JPY pair surprised with its performance yesterday, having closed trade with barely any losses
During the early hours of Wednesday's trading session the yellow metal was in its third consecutive session of losses, as the bullion's price retreated below the 1,250 mark and it even had touched the 1,242.42 level.
Trump's speech yesterday boosted the US Dollar, causing the USD/JPY currency pair to recover from its intraday low of 111.75.
Buck's strength caused the Cable to slide further down, breaching the strong demand cluster at 1.24.
The common European currency opened Wednesday's trading against the US Dollar near the 1.0575 level.
The Kiwi traded almost at the yesterday's opening price against the US Dollar by the middle of Tuesday's trading session.
During the first half of Tuesday's trading session the US Dollar continued the walk of victory against the Loonie.
Not only did the Aussie remain relatively unchanged against the US Dollar on Monday, but also remained flat through most of today as well.
The Euro appreciated against the Yen yesterday, with gains limited by the 100-day SMA, meaning that the immediate resistance was pierced.
The yellow metal on Tuesday morning was regaining some of the losses, which it suffered during Monday's trading.
There were no surprises in the USD/JPY pair's performance on Monday, being that the Buck easily outperformed the Yen, with volatility limited by the immediate resistance area.
Even though the Cable experienced another leg down on Monday, the support cluster around 1.24 managed to limit the losses and keep the pair elevated once again.
The common European currency continued to appreciate against the US Dollar during the early hours of Tuesday's trading session, and the currency exchange rate was positioned to continue to do so.