The Sterling rose against the US Dollar ahead the report on the UK manufacturing sector activity. Stronger-than-anticipated data for February drove the GBP/USD pair's exchange rate up by six base points, or 0.05%, to reach the 1.3759 level right after the release.
The Greenback strengthened against its European counterpart following the release of the US crude oil inventories report for the week ended 23 February. The EUR/USD exchange rate fell just seven base points, or 0.05%, to the 1.2190 level and continued to fluctuate in the 1.2200 area.
The Euro was little changed against the Greenback, following the release of the preliminary US Q4 economic growth. The EUR/USD exchange rate fell just five base points, or 0.04%, to the 1.2212 level and continued to fluctuate in the 1.2214 area.
The EUR/USD currency pair declined on the back of a stronger-than-anticipated CB consumer confidence report released on Tuesday. The Euro plummeted against the Greenback by 13 base points, or 0.11%, to the 1.2260 level.
Durable goods orders report was one of the weakest currency triggers on Tuesday; in fact, it could not compete with the Fed Chair Powell testimony, making the overall sentiment hovering in limbo. The Euro fell against the Greenback by 12 base points, or 0.10%, however, bears stepped in half an hour earlier, pushing the price down to 1.2287 level.
The European single currency slightly increased against the Greenback, following the final consumer price index report released last Friday. The EUR/USD currency pair appreciated nine base points, or 0.08%, to hit the 1.2317 mark.
The Canadian Dollar soared significantly against its American counterpart after the data showed a stronger-than-anticipated monthly gain in Canada's consumer price inflation. The USD/CAD currency pair plunged 47 base points, or 0.37%, to touch the intraday low of 1.2655, but right after that it reversed and continued to go back up to the 1.2700 area.
The Kiwi strengthened against the US Dollar on New Zealand's retail sales data on Thursday. The NZD/USD currency pair initially rose 0.17%, or 12 base points, to 0.7343, but soon after that it came down to the 0.7320 area.
Following the release of the Canadian core retail sales data, the Loonie showed a moderate post-reaction against the Greenback. USD/CAD jumped 40 base points, or 0.32%, reaching the intraday high of 1.2742.
The Sterling was seen weaker against the US Dollar after the UK GDP growth report came in on Thursday. The GBP/USD currency pair lost 13 base points, or 0.09%, to 1.3878 to continue fluctuating whileafter.
The Greenback weakened versus the Euro following the release of US existing home sales report. The EUR/USD pair increased 11 base points, or 0.09%, to hit the 1.2334 level, reflecting the decline in the resales of American homes.
The British Pound considerably decreased against the US Dollar after the UK job market report was released. The GBP/USD dropped 32 base points, or 0.23%, to the 1.3943 mark, to recover back to the 1.3970 area.
The Greenback strengthened against the Loonie following the release of the report on Canadian wholesale sales. The USD/CAD currency pair jumped 23 base points, reaching 1.2627.
The Euro weakened against the Greenback despite the data showing an unexpected uptick in the German ZEW economic sentiment. The EUR/USD exchange rate dropped four base points to 1.2339.
The Japan's Yen rose against the Greenback, following the report on the country's trade balance on Sunday. The USD/JPY exchange rate gained 13 base points or 0.12% to 106.27.
The Euro zone's currency advanced against the US Dollar on Monday on continuously growing surplus trend in the Eurozone's current account. EUR/USD showed strength and moved upwards 10 pips, or 0.08%, and continued rising with enough momentum to reach the 1.2417 level.
Initially, the British Pound rose against the US Dollar despite lower-than-expected UK retail sales data, growing 11 base points to the 1.4118 mark. However, the GBP/USD pair went towards anticipated direction remaining in the short-term bearish trend.
The Kiwi appreciated against the US Dollar reflecting the growth in New Zealand's manufacturing sector after its slowdown in January. The NZD/USD currency pair gained 0.06% or five base points to the 0.7407 mark, but kept trading in the 0.7400 area.
The Euro continued the trend against the Greenback, inspite of the US producer prices showing its forecasted growth in January. The EUR/USD pair went up by 17 pips or 0.13% to been seen trading at 1.2483.
The Aussie fell against the Greenback as the Australian labour market report showed slightly better than anticipated data. The AUD/USD exchange rate declined 0.18% or 14 base points to the 0.7914 mark, but managed to return into the 0.7960 area.
The EUR/USD currency pair hammered through the floor on Wednesday, as the report showed that the US consumer prices rose more than anticipated in January. The Greenback gained against the Euro 61 base points or 0.49%, but then the exchange rate rebounded significantly.
The Kiwi strengthened against the US Dollar after the Reserve Bank of New Zealand boosted its inflation expectations.
The British Pound fell against the Greenback 10 points or 0.07%, following the UK CPI data release. However, GBP/USD continued to increase to touch the intraday high of 1.3924.
The AUD/USD currency pair rose just 6 base points or 0.08% to 0.7857, following the NAB business confidence figures.