Although the Greenback appreciated against the Japanese Yen on Tuesday, a new 13-week high was not reached.
Yesterday the disappointing Industrial Production figures weighed on the US currency, giving the Sterling the upper hand and, thus, allowing the Cable to recover from intraday losses.
Ignoring fundamentals, EUR/USD continued to underperform and closed below 1.0650 on Tuesday.
On Monday the Kiwi suffered a 56-pip loss against the US Dollar, ignoring the immediate support and settling slightly below the 0.65 level.
The USD/CAD surprised with its performance, as it stabilised at the highest in six weeks yesterday.
The Australian Dollar underwent a correction, with the trade closing under the immediate support and, thus, under the up-trend.
After testing the weekly PP at 132.23 and the cluster around 130.60, the European currency managed to gain only 33 pips, failing to stabilise above the 1.32 target.
With markets expecting to see rising US CPI numbers later on Tuesday, the bullion continued to lose steam yesterday.
Due to Japan falling back into recession, the USD/JPY currency pair managed to breach the immediate resistance and close trade near the 11-week high.
On Monday, the Cable tested the immediate support, but stabilised in front of the 1.52 major level, as was anticipated.
EUR/USD traded on the downside yesterday, owing to uncertainty over European economic outlook and despite positive inflation data.
Although the New Zealand Dollar weakened against the US currency last Friday, losses were barely noticeable, as the pair edged down only five pips, remaining trapped between the 55 and 100-day SMAs.
The US Dollar inched higher against the Loonie on Friday, reaching a new six-week high.
On Friday the AUD/USD's volatility was limited by the up-trend and the 0.7160 level, ultimately keeping the pair unchanged over the day.
The EUR/JPY found support in front of the 132.00 major level on Friday, as was anticipated.
Very few fundamentals, other than US ones, are usually able to drive the bullion substantially.
Even though the USD/JPY currency pair's exchange rate barely changed on Friday, despite weak US fundamental data, a 34-pip drop occurred over the weekend.
After testing the 23.60% Fibo, the GBP/USD recovered from intraday losses due to disappointing US fundamentals.
On Friday the Euro resumed sliding down and reached the monthly S1 at 1.0768 by the end of trading, even though the lead of bears was extending as low as 1.0713.
The Kiwi edged lower against the US Dollar on Thursday, with downside volatility limited by the 0.65 major level, rather than the 55-day SMA.
The USD/CAD experienced rather serious volatility, stretching out from 1.3224 to 1.3340.
The Australian Dollar managed to close trade at the 55-day SMA yesterday, thus, returning within the triangle pattern.
The bullish scenario prevailed yesterday, as the EUR/JPY rebounded from the weekly S1 and climbed over the weekly PP, gaining a total of 59 pips.
Yesterday the bullion made an attempt to slump towards July low at 1,070.