Although the Kiwi reached a five year low yesterday, the NZD/USD still closed trade at 0.6617, thus, remaining relatively unchanged.
On Wednesday, the Greenback surged against its Canadian counterpart and breached the 1.30 barrier.
The Australian Dollar lacked the strength to breach the resistance cluster around 0.7450, which caused the Aussie to suffer losses yesterday.
Despite rather substantial volatility to the downside, the Euro remained relatively unchanged versus the Japanese Yen.
The precious metal is trading in the mixed environment for a third consecutive day on Thursday, after a substantial drop took place back three days ago.
Upon reaching weekly PP yesterday, the US Dollar bounced back and appreciated up to 124.08 against the Yen.
On Wednesday, GBP/USD behaved in accordance with expectations, as the pair managed to rebound from the 20 and 55-day SMAs.
EUR/USD was unchanged on Wednesday, after the market has sold off down to the monthly S1 at 1.0875 and recovered back in the direction of the weekly PP at 1.0949.
The Kiwi not only pierced the second resistance level yesterday, but also tested the third one, namely the upper trend-line of the channel.
On Tuesday, the US Dollar behaved almost according to expectations, as it bounced back from the 1.30 major level.
The Aussie's gains on Tuesday exceeded expectations, as the Australian currency easily pierced the immediate resistance and even tested the second cluster.
"The context is highly positive to work on long-term transformation of Europe, which would include structural reforms to improve competitiveness, but also to work on the demand side."- McKinsey Global Institute (based on CNBC)
Gold intended to rebound on Tuesday, in order to erase at least a small part of losses that occurred in the beginning of this week.
The USD/JPY currency pair suffered losses on Tuesday, edging below the 124.00 major level once again.
The Cable failed to appreciate yesterday, but 20 and 55-day SMAs still prevented the pair from edging lower.
EUR/USD failed to consolidate below the May low at 1.0818, therefore giving bulls a chance to push the pair back to the upside.
On Monday, the New Zealand Dollar outperformed its US counterpart, as it advanced 64 pips against it.
After experiencing some volatility, the USD/CAD currency pair still ended the day with a slight surge, but was unable to settle above 1.30.
Even though the Australian Dollar was just 12 pips away from the immediate support yesterday, it still managed to inch up.
On Monday, the EUR/JPY cross behaved according to expectations, as it edged up despite bearish technical indicators.
XAU/USD closed below the long-term downward-sloping line on Monday, even though the bullion showed some signs of a recovery after a slump that took place earlier in the beginning of the day.
On Monday, the USD/JPY currency pair edged slightly higher, adding 16 pips in total.
The Sterling misbehaved at the beginning of the week, as it sustained minor losses, rather than appreciating against the US currency.
Despite showing almost no movements on Monday, the EUR/USD cross managed to approach the May low at 1.0818, but failed to close below this level.