Upside risks dominated the Australian Dollar against the US Dollar on Thursday. As a result, the currency pair surged by 82 basis points or 1.09% during yesterday's trading session.
The common European currency rose by 75 basis points or 0.59% against the Japanese Yen on Thursday. The currency pair breached the 126.60 level during Thursday's trading session.
The XAU/USD exchange rate has tumbled to the support provided by the 200-hour SMA near 1,830.00.
During Thursday morning hours, the USD/JPY currency pair exceeded the 104.40 level.
Yesterday, the GBP/USD exchange rate reversed south from the 1.3450 level. During Thursday morning, the rate was testing the support level – the weekly S1 at 1.3310.
On Wednesday, the EUR/USD currency pair touched the 1.2060 level.
Downside risks dominated the New Zealand Dollar against the US Dollar on Wednesday. As a result, a breakout occurred through the lower boundary of an ascending channel pattern.
The US Dollar edged higher by 56 points or 0.44% against the Canadian Dollar on Wednesday. The currency pair made a new daily higher at 1.2830 during yesterday's trading session.
The Australian Dollar declined by 59 points or 0.79% against the US Dollar on Wednesday. The currency pair tested a support cluster formed by the 50– and 100– hour SMAs during yesterday's trading session.
The common European currency declined by 65 points or 0.51% against the Japanese Yen on Wednesday. The decline was stopped by the 200– hour simple moving average during yesterday's trading session.
The XAU/USD exchange rate remains below the psychological level at 1,875.00.
Since Tuesday, the USD/JPY currency pair has been testing the resistance provided by the 200-hour SMA and the weekly PP near 104.20.
Yesterday, the GBP/USD exchange rate traded sideways in the 1.3350 area. During Wednesday morning, the rate jumped to 1.3450.
Since Tuesday, the EUR/USD currency pair has been trading sideways within the 1.2100/1.2140 range.
The New Zealand Dollar has surged by 57 pips or 0.82% against the US Dollar since Tuesday's trading session. The currency pair breached yesterday's high at 0.7060 during the London session on Wednesday.
The US Dollar surged by 51 pips or 0.40% against the Canadian Dollar on Tuesday. The USD/CAD currency pair breached the 1.2820 level during yesterday's trading session.
The Australian Dollar versus the US Dollar bounced off from the weekly pivot point at 0.7403 during the Asian session on Wednesday. As a result, the currency pair surged by 48 pips or 0.64%.
The Eurozone single currency has surged by 55 pips or 0.44% against the Japanese Yen since Tuesday's trading session. The currency pair breached the 50– and 100– hour SMAs on Wednesday morning.
Yesterday, the XAU/USD exchange rate jumped to the 1,870.00 level.
On Monday, the USD/JPY currency pair traded in the 103.95/104.30 range.
Yesterday, the GBP/USD exchange rate dropped to the 1.3250 level and reversed north.
On Monday, the EUR/USD currency pair failed to exceed the 1.2160 level.
The New Zealand Dollar surged by 49 basis points or 0.69% against the US Dollar on Monday. The currency pair tested the upper line of a descending channel pattern at 0.7060 during yesterday's trading session.
The US Dollar edged higher by 48 basis points or 0.37% against the Canadian Dollar on Monday. The surge was stopped by the 50– hour simple moving average during yesterday's trading session.