The Aussie and kiwi will most likely be driven by the Federal Reserve's interest-rate guidance.
The Canadian Dollar was the worst-performing major currency during the last week.
Britain's budget deficit increased more than initially was expected in February on the back of higher government spending, that accelerated at the fastest pace in almost a year.
Dukascopy traders were holding short positions on the EUR/USD pair during the last several months. The pair, however, managed to climb almost to 1.40 level.
After European Union leaders gathered in Brussels to discuss a response to the Crimean crisis, they decided to impose sanctions on another 12 individuals, thus bringing the blacklist to total of 33 officials.
The NZD/USD currency pair was dragged lower on Thursday, as the tapering of the U.S. stimulus programme and hints of a 2015 rate hike provided a significant boost to the U.S. Dollar.
Inflation outlook is under a threat. This can be noticed when having a look at the latest fundamental data from the world's third largest economy.
The cable was set to become one of the top performers this year, the same as NZD/USD or USD/JPY.
The number of initial jobless claims rose by 5,000 to 320,000 last week, surprising markets to the upside, as consensus forecast stood for 322,000.
The European Central Bank does not have any good choices. Inflation in the 18-nation bloc eased back to 0.8% in February and unemployment rate in most countries still at record high, suggesting the region is far away from a stable recovery.
New Zealand currency is poised to approach a record high set in August 2011 even despite retreating amid profit taking and with some investors considering earlier gains excessive.
The world's third largest economy posted its 20th straight monthly trade gap, while the figure came significantly better than it was a month earlier, suggesting revised exports outlook can be too pessimistic.
The GBP/USD currency pair rebounded from a key support on Wednesday, on the back of stronger than excepted data from the U.K. labour market that reinforced a view the central bank will have to revise its monetary policy soon.
In Janet Yellen's first FOMC meeting as the head of the U.S. central bank, she announced a third $10 billion cut to QE, reducing Fed's monthly bond purchases to $55 billion, which was widely expected by analysts.
After months of drawn-out negotiations the European Commission, the ECB and the IMF also known as Troika, managed to agree with Greek government on the next instalment of the nation's massive bailout.
The Aussie inched lower against the greenback and other major currencies on Tuesday following the release of the RBA's minutes, which reiterated central bank's sourish view towards the exchange rate of the domestic currency.
The Japanese Yen advanced against the U.S. Dollar on Tuesday, with the corresponding currency couple moving 101.52, with the next key support located only around 101.42, as market is performing a correction to the downside before performing another rally.
The Pound is losing its ground versus the greenback as Ukraine government refused recognizing Crimea as a part of the Russian Federation.
Janet Yellen is facing a dilemma this week, as the FOMC will unveil its policy outlook and overall growth forecast.
Germany, Germany, Germany. This country is the main driver of the 18-nation bloc's growth and has the biggest influence on the course chosen by the whole bloc.
NZD/USD to refresh this year's high? Why not? Especially keeping in mind extremely positive data from New Zealand.
With EUR/CHF trading comfortably above the 1.20 level, the SNB can feel almost no pressure until there is a need for market intervention.
While the Sterling stabilized versus the U.S. Dollar on Monday amid the earthquake in LA, Britain's housing market continued overheating, posing more pressure on the policymakers.
While the most traded currency pair is changing hands around 1.39 level, with bulls still aiming an important psychological level at 1.40, market sentiment has been strongly bearish during the last several months.