There were no surprises in the USD/CAD's performance yesterday, as the pair edged a few pips lower after having tested the immediate support.
The Australian currency managed to rebound after reaching a three-week low and end the day with a 15-pip rally.
The EUR/JPY cross experienced minor volatility on Wednesday, but ultimately remained unchanged over the day.
The bullion saw its value climbing in the direction of the monthly pivot point on Wednesday.
Broad US Dollar selling caused the strong support around 122.30 to be broken, which resulted in the USD/JPY stabilising on the edge of the third support at a one month low.
The US currency experienced an unexpectedly sharp sell-off on Wednesday, leading the Cable to a fresh two-week high.
EUR/USD booked another bullish trading session on Wednesday, as the currency pair spiked above 1.10 to touch the most important 200-day SMA at 1.1031.
The NZ Dollar remained muted against the US currency on Tuesday in anticipation of the RBNZ meeting today.
The US Dollar outperformed its Canadian counterpart for another day yesterday, climbing over the 1.36 major level.
On Tuesday the AUD/USD currency pair dropped more than 50 pips, with trade closing just in front of the immediate support cluster.
The single currency managed to rebound on Tuesday, gaining a total of 20 pips against the Yen.
Persistent instability of the Greenback's value and positive Chinese inflation numbers are creating demand for gold on Wednesday, following a rise we have already observed on Tuesday.
The USD/JPY suffered a 44-pip loss yesterday, with the immediate support cluster preventing the pair from maintaining trade lower.
Weak UK fundamentals triggered another GBP/USD sell-off yesterday, with the pair dropping towards the immediate support at 1.4960.
The Euro was bid on Tuesday, as market participants attempted to fix profit from a decline that occurred Friday and Monday.
As a commodity currency, the New Zealand Dollar suffered from Monday's oil price slump, thus, edging lower against the US currency.
On Monday the US currency appreciated against its Canadian counterpart, climbing over the Sep high and stabilising in front of the 1.35 major level.
The Aussie suffered from falling oil prices more than anticipated, as the immediate support failed to hold the losses, causing the trade to close at 0.7266 yesterday.
The European currency declined against the Japanese Yen on Monday, with volatility limited by the 55 and 200-day SMAs.
Volatility of gold prices remains quite high for the moment, as we are nearing the crucial meeting of the Fed, which is weighing on the Dollar's value.
Yesterday the USD/JPY currency pair edged closer to the Nov high, but failed to touch the immediate resistance cluster.
The British Pound edged lower against the US Dollar on Monday, with the immediate support in face of the weekly PP limiting the losses.
EUR/USD still continues to absorb a substantial rally of the previous week.
The New Zealand Dollar experienced another rally on Friday, ultimately stabilising at 0.6744.