Even though the NZD/USD currency pair edged up yesterday, trade still closed with the Kiwi suffering serious losses.
Yet again the US Dollar declined against its Canadian counterpart.
After trading flat on Tuesday, the Australian Dollar managed to extend the rally on Wednesday.
On Wednesday, the European currency declined a lot more than anticipated.
The XAU/USD cross has finally breached the nearest resistance at 1,179, represented by the weekly PP.
USD/JPY remains under considerable pressure after it failed to surpass 126 (monthly R1).
Despite a large number of resistances the Cable preserved its bullish momentum and closed above the monthly pivot point.
EUR/USD traded slightly to the upside on Wednesday, while hovering around the major downtrend around 1.13.
Despite rather substantial volatility, the NZD/USD pair still appreciated in contradiction with the forecast.
The US Dollar experienced further weakness against its Canadian counterpart yesterday.
The European currency remained relatively unchanged against the Japanese Yen.
In spite of some volatility, the AUD/USD currency pair remained flat on Tuesday, as the it declined only one pip.
Weaker US Dollar contributed to an increase of the bullion's price on Tuesday, as the yellow metal continued to rebound from its three-month lows.
On Tuesday, the USD/JPY currency pair slid for the second consecutive day.
The Pound misbehaved for another day, as it appreciated against the Greenback instead of edging lower.
After a rally observed on Monday, the EUR/USD currency pair decided to hold below the major downtrend line around 1.13 yesterday.
The New Zealand overperformed, as it soared beyond expectations yesterday.
The US Dollar edged down in the beginning of the week, with the 100-day SMA limiting the losses, as anticipated.
The Australian Dollar misbehaved on Monday, as it appreciated against the US Dollar instead of declining.
Despite expectations, the EUR/JPY currency pair managed to breach the 140 psychological level.
XAU/USD snapped its three-day streak of losses, while gaining some value during the trading session on Monday.
Yesterday the US Dollar suffered substantial losses unexpectedly.
The Sterling surprised with its performance yesterday, as it almost erased last week's losses.
The common currency surged more than 200 pips on Monday, as the EUR/USD pair was provided with substantial bullish momentum around the monthly PP at 1.1089.