At the end of the previous week the New Zealand currency exceeded expectations and soared above 0.68 dollars, despite a strong reading of US NFP.
Although the US Dollar pierced its descending channel's support line on Friday, trade still opened within the pattern's borders today.
Positive US fundamentals were insufficient to strengthen the American Dollar against its Australian counterpart last Friday.
The European single currency appreciated against the Japanese Yen last Friday, reaching its two-week high.
US Dollar strengthened after encouraging employment data from America.
The US Dollar failed to post significant gains against the Japanese Yen last Friday, as the USD/JPY pair inched only five pips higher.
Despite weak UK data, the GBP/USD currency pair managed to recover from its daily low and end the week with five consecutive rallies.
EUR/USD booked another bullish trading session last Friday, with gains extending beyond the 55-day SMA at 1.0972.
Upon reaching the resistance area around 0.6745, the New Zealand Dollar retreated from intraday highs and stabilised at 0.6721.
Even though the USD/CAD failed to inch higher on Thursday, the descending channel pattern remains intact, as no serious movement to the downside occurred.
The Australian Dollar extended its rally against the Buck for the fourth day in a row yesterday, reaching the second target, namely the weekly R3 at 0.7356.
As was anticipated, with the improved risk sentiment, the Euro managed to edge higher against the Yen, climbing over the weekly PP at 124.20.
Yellow metal brought substantial returns on March 3 when the price surged to almost the 1,270 mark from 1,240 in one day.
A set of poor fundamentals caused the American Dollar to retreat from its intraday high and close trade relatively unchanged against the Yen, adding only 20 pips on Thursday.
In the run up to Friday's US payrolls data, the EUR/USD cross skyrocketed the most since February 9 and retested the January-February uptrend line.
Yesterday strong demand at the monthly PP caused the Kiwi to trim losses against the Buck and edge closer to the 20-month resistance line.
The USD/CAD currency pair has been trading within the borders of a descending channel for almost six weeks now, downward pressure of which caused the breach of already one up-trend.
On Wednesday the Aussie skyrocketed on positive Australian GDP data, even breaching the eight-month down-trend.
Upon reaching the immediate resistance, namely the weekly PP, the EUR/JPY currency pair turned around and closed trade in the red zone.
Despite stronger American currency, the bullion posted some upward momentum on March 2, even though it had been registering losses earlier in the day.
Strong US fundamental data failed to provide sufficient impetus to breach the 114.00 psychological level, which resulted in the USD/JPY's 50-pip loss yesterday.
The GBP/USD currency pair surprised with its performance on Wednesday, amid no further clues concerning the Brexit.
The bears were trying to send EUR/USD under the first weekly demand line (1.0853) on Wednesday; however, all attempts failed ultimately and the pair came back above 1.0850 by day-end.
On Tuesday the NZD/USD currency pair surged more than 30 pips, amid a rebound in dairy prices.