Upside risks dominated the New Zealand Dollar against the US Dollar on Tuesday. The currency pair appreciated about 40 base points during the end of yesterday's session.
Downside momentum has continued to dominate the USD/CAD currency pair. The US Dollar depreciated about 82 base points against the Canadian Dollar on Tuesday trading session.
The Aussie appreciated about 40 base points against its US counterpart on Tuesday. The currency pair was guided by the 50-hour simple moving average during yesterday's session.
Upside risks prevailed in the market on Tuesday, thus sending the common European currency to surged about 86 base points against the Japanese Yen. The pair breached the 200-hour simple moving average at 130.13 during yesterday's session.
Upside risks prevailed in the market on Monday, thus allowing the New Zealand Dollar to surged by 98 base points against the US Dollar. As a result, the exchange rate broke a one-week ascending channel.
The US Dollar depreciated about 95 base points against the Canadian Dollar on Monday. The currency pair breached both the 50– and 100-hour SMAs at 1.3015 and 1.3006 during the end of yesterday's session.
The Australian Dollar appreciated about 47 base points against the US Dollar on Monday. The exchange rate tested the upper boundary of a one-week ascending channel at 0.7149 during the end of the previous session.
The single European currency appreciated about 67 base points against the Japanese Yen on Monday. The surge was briefly stopped by the 50– and 100-hour SMAs at 129.80.