On the second day of the Federal Reserve Governor's testimony on Wednesday, Janet Yellen stated that a number of risks for the US economy is still present, thus, the Fed is taking a cautious approach to the monetary policy and the interest rate hike this year in general.
The American Dollar managed to post gains across the board, with the only exception being the NZD/USD currency pair yesterday.
The US Dollar's performance were rather mild, but with the currency still declining against most of other major peers.
The Greenback sustained rather serious losses last Friday and over the weekend, with the largest decline registered against the British Pound.
The US Dollar's performance was equal to the Sterling's, as the Buck outperformed some major currencies, but also declined against the others.
The US Dollar weakened against most major currencies on Wednesday, due to the Fed delaying interest rate hikes.
Due to a rather strong reading of the US Retail Sales, the Greenback managed to outperform most major currencies on Tuesday.
The US Dollar sustained losses against most of other major currencies on Monday, with the only exception being the USD/CAD pair.
Friday and the weekend were rather favourable for the US Dollar, being that it appreciated against most major currencies.
The US Dollar managed to post gains against almost all of other major currencies, with the only exception being the NZD/USD pair.
For another day the US Dollar sustained losses against almost all of other major currencies, with the only exception being the Cable.
The Greenback weakened across the board on Tuesday, sustaining rather drastic losses against most major peers.
Yellen's speech on Monday was more hawkish than anticipated, which led to USD strength against most of other major currencies.
In the wake of devastating NFP results on Friday, the US Dollar sustained serious losses across the board even during the weekend.
The US Dollar was the next best performing currency after the British Pound yesterday.
Yesterday's data failed to reverse the sell-off we have been observing since Tuesday.
US Dollar's performance yesterday was mixed, even though the main releases missed the expectations by a wide margin.
Just like a majority of the other major currencies, the US Dollar remained mostly unchanged yesterday, with gains and losses limited by a quarter of a per cent.
The Greenback disregarded neutral to weak Friday fundamentals and outperformed all its major counterparts on growing expectations that the date of the rate hike draws near.
The US Dollar declined against all other major currencies on Thursday, despite rather strong US Durable and Core Durable Goods Orders data, with the only exception being against the British Pound.
The US Dollar experienced poor performance on Wednesday, as it declined against almost all other major currencies.
The Buck managed to outperform most of major currencies on Tuesday, with exception of the Loonie and the Sterling.
The US Dollar experienced mixed performance on Monday, having appreciated against some major peers, but also declined against the others.
The US Dollar experienced mixed performance over the weekend, with the largest gain of 0.77% registered against the British Pound.