On Wednesday the Aussie skyrocketed on positive Australian GDP data, even breaching the eight-month down-trend.
Upon reaching the immediate resistance, namely the weekly PP, the EUR/JPY currency pair turned around and closed trade in the red zone.
Despite stronger American currency, the bullion posted some upward momentum on March 2, even though it had been registering losses earlier in the day.
Strong US fundamental data failed to provide sufficient impetus to breach the 114.00 psychological level, which resulted in the USD/JPY's 50-pip loss yesterday.
The GBP/USD currency pair surprised with its performance on Wednesday, amid no further clues concerning the Brexit.
The bears were trying to send EUR/USD under the first weekly demand line (1.0853) on Wednesday; however, all attempts failed ultimately and the pair came back above 1.0850 by day-end.
On Tuesday the NZD/USD currency pair surged more than 30 pips, amid a rebound in dairy prices.
The Loonie surprised with its performance yesterday, boosted by the Canadian GDP results more than expected.
The Australian Dollar succeeded in outperforming its US counterpart and managed to pierce the immediate resistance cluster on Tuesday.
The EUR/JPY currency pair overperformed on Tuesday, as it managed to reach the 124.00 level and close trade nearby.
Growing risk appetite across global stock markets pushed investment out of the safe haven metal, which bounced off daily highs at 1,248 yesterday.
The return of risk appetite and better-than-anticipated US manufacturing data caused the Greenback to erase all Monday's losses against the Yen yesterday.
On Tuesday they Sterling managed to put the immediate resistance, namely the weekly PP, to the test, but trade still closed nearly 60 pips away from that level.
EUR/USD has ultimately confirmed its bearish intentions, as it managed to hold below the Jan-Feb uptrend for two days in a row.
The New Zealand Dollar oscillated between the 0.6565 and the 0.6620 levels on Monday, but closed trade at the same level where price opened.
The Greenback was supported by the lower Bollinger band yesterday, which helped the USD/CAD to remain relatively unchanged and above the 1.35 level.
Even though the AUD/USD currency pair failed to reach the 0.72 major level, Monday still ended with a rally.
The European single currency set off with a sharp decline of 185 pips yesterday, amid the return of the risk-off sentiment.
Monday has been a green day for the bullion, which bounced off the February uptrend and spiked towards the 1,240 mark.
As was anticipated, the USD/JPY currency pair weakened on Monday and pierced the immediate support area; however, the second target at 112.00 was not reached.
The British Pound succeeded in outperforming the US currency at the beginning of the week, thus, retaking the 1.39 major level.
Pessimistic inflation statistics from the Euro zone used to have a direct negative impact on the Euro on Monday, even though the currency attempted to remain above 1.0930 in the first part of the day.
The Kiwi experienced a sharp sell-off on Friday, falling back below the 0.67 major level.
The USD/CAD currency pair remained relatively unchanged on Friday, edging 14 pips lower, despite a strong reading of the US GDP.