The Us currency weakened on Tuesday, allowing the British Pound to take the upper hand once more and reach the 1.44 mark over the day.
Even though the volume of trading for the EUR/USD cross remained broadly flat for a third day on Tuesday, it did not stop the bulls from pushing the pair up by 46 pips.
The NZD/USD currency pair behaved in accordance with expectations yesterday, as it edged higher and closed at the 12-week resistance line.
The US Dollar dropped more than 160 pips against its Canadian counterpart on Monday, slumping back under the 1.28 major level.
The Euro somewhat met expectations yesterday, as it managed to edge higher against the Yen and even retake the 123.00 psychological level.
Not only did the Aussie erase the bearish gap yesterday, but also pierced the seven-month resistance trend-line.
Monday's intraday rally was extending through the weekly and monthly pivot points at 1,239/41.
Amid the return of risk-on sentiment, the US Dollar managed to strengthen against the Japanese Yen on Monday, even stabilising above the immediate resistance cluster.
The Sterling surprisingly recovered on Monday, due to the European stock market rebound triggering demand for riskier assets.
As expected, EUR/USD's development, prior to the ECB event later on Thursday, remained relatively calm on April 18.
The New Zealand Dollar almost completely erased its preceding day's losses on Friday, having climbed back over the 0.69 mark.
Even though the Greenback suffered a slight loss on Friday and erased Thursday's gains against the Canadian counterpart, a continued decline in oil prices caused the USD/CAD pair to open with a bullish gap today.
On Friday, the Australian Dollar edged up, establishing a good confirmation of the resistance trend-line at 0.7720.
The European single currency weakened against the Japanese Yen on Friday, piercing the 123.00 major level, with trade closing at 122.70.
Price lows of April 14-15 were touching the 55-day SMA, but the bears were far from being successful to close XAU/USD below this vital support line.
The USD/JPY's correction has been short-lived, as the pair weakened on Friday and opened with a bearish gap on Monday.
Last Friday that British Pound managed to rebound against the US Dollar, completely erasing the preceding day's losses.
On Friday the volume of trading fell to the lowest level since March 28, while the Euro is getting ready for the ECB meeting later in the new week.
Negative news from the RBNZ on Thursday caused the New Zealand Dollar to sustain a rather serious loss against the American Dollar, but with the tough support cluster around 0.6820 limiting the volatility.
The US Dollar barely managed to outperform the Loonie on Thursday, as trade closed with a 27-pip rally over the day.
Yesterday the Aussie managed appreciate against its US counterpart, amid a strong reading of the Australian employment data.
The EUR/JPY cross is stuck in a clear consolidation trend, with the 123.00 major level acting as the lower border and the monthly S1 at 124.04 being the upper boundary.
The bullion posted another ultra-negative session on Thursday, by slumping as low as 1,229 by the end of US trading.
In spite of the poor US inflation data yesterday, the USD/JPY currency pair remained relatively unchanged.