The Euro remained relatively unchanged against the Japanese currency on Tuesday, failing to fall back towards the 122.00 major level.
The bullion failed to set another 15-month record yesterday, after American session was largely marked by the Greenback's rebound.
The USD/JPY currency pair remained relatively unchanged for the second day yesterday, having inched only 17 pips higher.
The British Pound retreated from its intraday gain on Tuesday, weakened by the UK Manufacturing PMI, with price ultimately closing with a 138-pip loss.
First part of Tuesday was distinctly bullish for the Euro, as this currency skyrocketed to another multi-month high above the 1.16 mark.
Due to a poor reading of the US Manufacturing PMI, the New Zealand Dollar outperformed the American Dollar, having added almost 45 pips yesterday.
The US Dollar continued to decline against the Canadian currency for the fifth consecutive time yesterday, but managed to remain above the 1.25 mark.
The AUD/USD currency pair managed to preserve the rising wedge pattern yesterday, as the exchange rate surged above the immediate resistance cluster.
Not only did the European single currency appreciate against the Japanese Yen on Monday, but also erased Friday's losses completely.
The winning streak of gold futures tried to extend as far as 1,304 on Monday, but the bears regained momentum by the end of US trading and closed the spot below the vital 1,300 mark.
Even though the Greenback managed to edge higher against the Yen yesterday, thus, confirming the bullish recovery, but gains accounted for only 20 pips.
On Monday the Sterling managed to prolong its bullish momentum and post rather solid gains against the US Dollar.
Weakness of the Dollar transferred to the new working week, as another piece of soft North American data pushed EUR/USD beyond 1.15.
The Greenback remained completely unchanged against its Canadian counterpart at the end of the previous week, although the 1.25 was put to the test.
The EUR/JPY currency pair edged lower for the second time on Friday, having plunged under the 122.00 major level.
The New Zealand Dollar succeeded in outperforming the American Dollar on Friday, but failed to retake the 0.70 mark, ultimately posting a 20-pip gain.
Upon putting the 20-day SMA to the test, the Australian currency erased all intraday gains and suffered an 18-pip loss, having approached the 0.76 major level on Friday.
On Friday gold prices were a subject to the sharpest rally since mid-March. Daily increase, which amounted to more than 2%, brought the spot to the 1,292.10 mark by session-end, up from 1,232.66 last Monday.
The US Dollar experienced another relatively sharp decline on Friday, falling below the 18-month low of 107.63.
The GBP/USD currency pair remained relatively unchanged on Friday, with the pair edging only 5 pips higher over that day.
Advance of the Euro against the Greenback was stretched over the American session on Friday, as the market allowed for a spike up until the 1.1450 mark.
Having appreciated yesterday, the New Zealand Dollar prolonged the lifespan of the ascending channel pattern.
The US Dollar continued to decline against its Canadian counterpart, as the US GDP data disappointed yesterday.
The AUD/USD currency pair experienced a small corrective rally on Thursday, but with the 20-day SMA providing sufficient resistance to limit the gains.