The New Zealand Dollar was volatile against the US Dollar on Thursday, as it bounced between, above and below the monthly R1 at 0.6988 and weekly PP at 0.7033.
Risk aversion and falling oil prices sparked weakness in the AUD/USD currency pair yesterday, causing the volatility to fall even below the 0.73 level.
On Thursday the Yen skyrocketed against the Euro, amid the BoJ leaving its monetary policy unchanged.
The Cable managed to erase intraday losses and trade flat on Thursday, amid two main opposing referendum groups suspending their campaigns.
The Yellow metal had surged for six consecutive trading sessions before it finally overheated and dropped.
The European currency appreciated against the US Dollar on Thursday.
The New Zealand Dollar depreciated against the US Dollar at the start of the week to the level of 0.6995.
The US Dollar started appreciating against the Canadian Dollar on Wednesday last week from the level of 1.2692, and at the moment it is approaching the 1.3000 mark and is about to book the sixth consecutive session of gains.
Upon reaching the 0.7450 level, the Australian Dollar trimmed some gains against the Buck, but still managed to close above the 0.74 mark.
The EUR/JPY cross slightly overperformed on Wednesday, as it stabilised above the immediate resistance cluster of 119.25.
The bullion is not stopping, and it has booked gains for the seventh consecutive trading session.
The Sterling managed to partially recover from this week's losses yesterday, but despite the rally, the overall trend remains bearish until the EU referendum next week is over.
With the Fed leaving its interest rate unchanged and stating that two hikes are scheduled for this year, the USD/JPY currency pair remained relatively unchanged on Wednesday.
The European currency booked gains on Wednesday against the US Dollar, as it rebounded off the first weekly support at 1.1192.
The US Dollar has been appreciating against the Canadian one since last Thursday, steadily making its way towards the 55-day SMA.
The AUD/USD inched lower on Tuesday, as the immediate resistance weighed on the pair, causing the immediate support to be pierced.
The New Zealand Dollar continued to edge lower against the US counterpart on Tuesday, having fallen below the 0.70 major level.
As was anticipated, the European currency slumped against the Japanese Yen on Tuesday, with volatility stretching out to the target level, namely the monthly S3 at 118.48.
The US Dollar appears to be reluctant to fall below the 106.00 major level, as most losses keep getting erased once the exchange rate approaches the May low of 105.55.
Yesterday weak UK CPI data, as well as the concerns over the upcoming EU referendum, caused the GBP/USD currency pair to close with a 155-pip loss.
The bullion scored gains for the fifth consecutive trading session on Tuesday, as it ended day's trading at 1,285.93.
Ignoring Monday's gains, the European currency depreciated against the US Dollar on Tuesday and fell to the level of 1.12.
A decline of oil prices on Monday caused the Loonie to negate all gains and give the US Dollar the upper hand. The pair climbed back above the 1.28 level, making it the third consecutive rally.
As was anticipated, the AUD/USD currency pair remained stuck in a tight range, namely between the monthly PP from below and the 100-day SMA and the weekly PP from above.