The Australian retail sales data as well as the RBA interest rate statement added to the strength of the Aussie against the US Dollar. The first-mentioned report caused a 0.24% or 19 pips drop in the pair, followed by a 0.15% decline on the RBA release.
The EUR/USD currency pair was not exposed strongly to the influence of fundamentals on Monday. The Greenback weakened against the European single currency 7 base points to near the 1.2400 level.
The Sterling fell sharply against the US Dollar, after the report by Markit on the UK services industry. The GBP/USD exchange rate decreased 24 base points or 0.17% to the 1.4123 mark and continued to decline.
The Greenback strengthened against the European single currency, as Friday's report revealed that hiring in the US accelerated. The EUR/USD exchange rate lost 31 base points or 0.25% to the 1.2460 mark.
The British Pound weakened against the Greenback 12 base points or 0.09% on the construction PMI report, though the pair was affected more from the US side after the country's job market data was released.
The ISM Manufacturing PMI release had not prevented a lingering upmove in the EUR/USD exchange rate. The pair added 10 base points to grow further to the 1.2520 level.
The Sterling rose markedly against the US Dollar ahead the report on the UK manufacturing sector. Thought, weaker-than-anticipated data dampened USD/GBP with the exchange rate falling 11 base points or 0.08% initially.
The EUR/USD exchange rate remained above the 1.2400 level, following the Fed's interest rate decision and monetary policy statement. The pair fell 23 pips or 0.18% to the 1.2395 mark, but recovered initially.
The Canadian GDP report caused stronger fluctuations in the USD/CAD exchange rate. The Loonie fell against the US Dollar 0.07% or 9 base points to the 1.2270 level.
The Aussie fell against the US Dollar in a wake of the quarterly report on Australia's consumer price data. The AUD/USD exchange rate slipped 0.34% or 27 base points to the 0.8073 mark.
The USD/JPY currency pair ignored stronger-than-anticipated CB consumer confidence report. The Greenback fell slightly against the Yen, but continued trading session higher, in the 108.75 area.
The EZ flash GDP data release was not a trend changer in the EUR/USD currency pair. The Euro kept strengthening against the Greenback to touch the intraday high of 1.2450.
The Kiwi revealed the relatively muted reaction on an unexpected increase in the New Zealand trade balance data. The NZD/USD exchange rate grew 6 base points or 0.08% to the 0.7324 mark.
The Dollar was little stronger against the US Dollar, following the US economic data. The EUR/USD currency pair declined 10 pips or 0.08% to decrease further, but managed to return to the 1.2380 area.
The EUR/USD currency pair revealed a regular 9 base points gain, despite the report showing an unexpected slowdown in the US economy. The pair kept pulling away from the 1.2500 high, targeting 1.2400 area.
The Sterling jumped against the Dollar, after the preliminary Britain's GDP report showed that the country's economy accelerated growth pace more than anticipated by the end of 2017. The GDP/USD exchange rate picked up 19 base points or 0.14%, but fell back initially to continue gradual decline.
The Canadian Dollar showed a weak post-reaction against the Greenback, following the country's retail sales data. USD/CAD flustiated within the 1.2300-1.2320 range, until Donald Trump's comments caused an increase, temporary putting the pair above the 1.2360 level.
The Euro growth was muted against the Greenback on the ECB interest rate decision announcement. Though, the European single currency managed to reach the peak after the Bank's President Mario Draghi stated that economic figures indicate solid and broad expansion with inflation likely to increase in the mid-term. The European Central Bank opted to keep the key interest rates at
The Kiwi lost its ground against the US Dollar, following disappointing inflation report for New Zealand. The NZD/USD exchange rate dropped 83 base points or 1.12% to be seen trading below the 0.7350 level.
The British Pound appreciated against the US Dollar on the official UK labour market data. The GBP/USD currency pair added 22 base points or 0.16%, touching the 1.4116 mark, and managed to sustain the upmove.
The Euro strengthened against the US Dollar, reflecting the unexpectedly upbeat ZEW sentiment report. The EUR/USD exchange rate added 12 base points to get back into the 1.2250 area.
The USD/JPY exchange rate depreciated 23 base points to the 110.68 level, following the BoJ monetary policy statement and the outlook report. Though, the pair managed to recover in the next couple of hours to be above the 111.00 mark, as the Bank's Governor made dovish remarks, sending rate higher.
The Canadian Dollar was almost unchanged against the Greenback on the country's wholesale sales report. The USD/CAD currency pair ignored the report to rise 1 base point, remaining in the 1.2465 area.
The British Pound fluctuated against the US Dollar after the UK retail sales report, falling initially by 4 base points to the 1.3916 mark. The GBP/USD exchange rate briefly touched the 1.3945 level remaining in the bearish trend.