The Loonie surprised with its performance yesterday, boosted by the Canadian GDP results more than expected.
The Australian Dollar succeeded in outperforming its US counterpart and managed to pierce the immediate resistance cluster on Tuesday.
The EUR/JPY currency pair overperformed on Tuesday, as it managed to reach the 124.00 level and close trade nearby.
Growing risk appetite across global stock markets pushed investment out of the safe haven metal, which bounced off daily highs at 1,248 yesterday.
The return of risk appetite and better-than-anticipated US manufacturing data caused the Greenback to erase all Monday's losses against the Yen yesterday.
On Tuesday they Sterling managed to put the immediate resistance, namely the weekly PP, to the test, but trade still closed nearly 60 pips away from that level.
EUR/USD has ultimately confirmed its bearish intentions, as it managed to hold below the Jan-Feb uptrend for two days in a row.
The New Zealand Dollar oscillated between the 0.6565 and the 0.6620 levels on Monday, but closed trade at the same level where price opened.
The Greenback was supported by the lower Bollinger band yesterday, which helped the USD/CAD to remain relatively unchanged and above the 1.35 level.
Even though the AUD/USD currency pair failed to reach the 0.72 major level, Monday still ended with a rally.
The European single currency set off with a sharp decline of 185 pips yesterday, amid the return of the risk-off sentiment.
Monday has been a green day for the bullion, which bounced off the February uptrend and spiked towards the 1,240 mark.
As was anticipated, the USD/JPY currency pair weakened on Monday and pierced the immediate support area; however, the second target at 112.00 was not reached.
The British Pound succeeded in outperforming the US currency at the beginning of the week, thus, retaking the 1.39 major level.
Pessimistic inflation statistics from the Euro zone used to have a direct negative impact on the Euro on Monday, even though the currency attempted to remain above 1.0930 in the first part of the day.
The Kiwi experienced a sharp sell-off on Friday, falling back below the 0.67 major level.
The USD/CAD currency pair remained relatively unchanged on Friday, edging 14 pips lower, despite a strong reading of the US GDP.
An higher-than-anticipated US GDP figure on Friday caused the AUD/USD currency pair to sustain rather serious losses.
The Euro's performance against the Yen was rather mild on Friday, as the pair remained relatively unchanged over the day.
As long as the bullion keeps trading above the February uptrend, currently at 1,217.36, the outlook will preserve a positive bias for the nearest future.
Although the better-than-expected US GDP caused the Greenback to appreciate against the Japanese Yen on Friday, these gains are under the risk of being erased today.
Strong US GDP figures caused the Cable to retreat from its daily high of 1.4045, ultimately falling to the lowest in six years.
EUR/USD neared the 2016 uptrend line at 1.0925 on Friday and managed to stay afloat above this key support.
Amid a much better-than-anticipated reading of the New Zealand Trade Balance, the NZD/USD currency pair overperformed and breached the 1.5-year resistance line.