The New Zealand Dollar marked its fifth consecutive trading session of gains against the US Dollar on Monday.
The Australian Dollar experienced a solid rally on Monday, having retaken the 0.75 psychological level, even overperformed, as it climbed over the expected 0.7520 mark.
The US Dollar has rebounded against the Canadian Dollar on Tuesday, and with this the currency exchange rate stops the post-Brexit, five consecutive session decline of the Greenback against the Loonie.
"There are many factors that are driving risk aversion -- political uncertainty, the global growth outlook and concern about the banking sector, whose profit margins are being hurt by low interest rates." - Credit Agricole SA (based on Bloomberg)Pair's Outlook The Euro remained completely unchanged against the Yen on Monday, as there were no market movers present. Consequently, no significant level was
Due to a bank holiday in the US and lack of market movers, the USD/JPY currency pair remained almost completely unchanged yesterday.
Even though the GBP/USD currency pair somewhat managed to rebound on Monday, it was still stuck between the 1.3230 level and the weekly PP at 1.3312.
The bullion stopped its four consecutive trading session surge on Tuesday, as the metal dropped from the previous day closing height of 1,350.80 on Monday.
The Euro hit the resistance provided by the monthly pivot point at 1.1149 against the US Dollar, at the end of yesterday's trading.
The US Dollar booked its fourth consecutive session of losses against the Canadian Dollar on Friday, as the currency exchange rate ended day's trading at 1.2916.
Even though the AUD/USD currency pair opened with a bearish gap today, negating all Friday's gains, the bullish momentum is still likely to prevail.
The Kiwi marked another milestone in its post Brexit surge against the US Dollar, as the currency exchange rate went past 0.72 level on Monday.
Friday ended with the Japanese Yen outperforming the European single currency, but with price closing above the 114.00 major level.
The yellow metal marks its fourth consecutive session of gains, as the metal reached the 1,350 level on Monday.
A period of risk-aversion on Friday caused the USD/JPY currency pair to lose more than 60 pips, but without any significant level getting breached.
Friday ended with the Cable remaining relatively unchanged, suffering a small loss, but unable to fall below the post-referendum low of 1.3230.
The US Dollar has been fluctuating around the 1.11 level against the Euro for the past three trading sessions.
The US Dollar is continuing to lose value against the Canadian Dollar on Friday, as the Loonie has been strengthening in the Brexit aftermath.
The Antipodean currency remained unchanged against the American Dollar on Thursday, ever since it recovered from its intraday low of 0.7370 yesterday.
The New Zealand Dollar started Thursday's session by depreciating against the US Dollar.
Although the European single currency managed to appreciate against the Japanese Yen on Thursday, the bullish momentum kept fading for the third day in a row.
The yellow metal continued to surge on Thursday after booking gains on Wednesday.
"We expect the BoE to ease monetary policy further in the coming months, either through lowering interest rates and/or restarting QE, and/or expanding their 'Funding for Lending' scheme. Further BoE monetary easing should keep downward pressure on the pound through the rest of this year." - Bank of Tokyo-Mitsubishi UJF (based on Business Recorder) Pair's Outlook The British Pound failed to advance for
On Thursday the US Dollar managed to appreciate against the Japanese Yen for the fourth consecutive time, but with gains barely exceeding 35 pips.
The European currency experienced a three day rally against the Greenback after the Brexit vote results.