Yesterday the Aussie managed appreciate against its US counterpart, amid a strong reading of the Australian employment data.
The EUR/JPY cross is stuck in a clear consolidation trend, with the 123.00 major level acting as the lower border and the monthly S1 at 124.04 being the upper boundary.
The bullion posted another ultra-negative session on Thursday, by slumping as low as 1,229 by the end of US trading.
In spite of the poor US inflation data yesterday, the USD/JPY currency pair remained relatively unchanged.
On Thursday the Sterling declined against the US Dollar, with the nearest support, namely the weekly PP, managing to limit the losses.
EUR/USD pair fluctuated with no broad changes on Thursday, similar to those the same cross had posted back before Wednesday for eight consecutive days.
The Kiwi remained relatively unchanged against its US counterpart on Wednesday, having inched only five pips lower.
Even though the USD/CAD pair underwent the anticipated correction yesterday, the exchange rate still remained below the lowest level of Q4 2015.
The Aussie experienced a small setback on Wednesday, with the given pair edging 31 pips lower.
The Euro's rebound appears to have been short-lived, as momentum has been fading ever since the EUR/JPY put the monthly S1 to the test.
After a relatively calm Tuesday, the bullion commenced a major bounce from three-week highs yesterday and closed the US session around the monthly pivot point (1,241.50).
The risk appetite returned to the markets on Wednesday, causing the USD/JPY currency pair to edge higher, despite rather weak US Retail Sales figures.
With the return of ‘Brexit' fears the Pound declined against the US Dollar yesterday, also bouncing back from the four-week down-trend.
US fundamentals used to have little influence on the Dollar, because this currency continued to advance at the fastest daily pace since January.
The American Dollar suffered a rather serious loss against the Canadian Dollar on Tuesday, having slumped to the lowest since the last quarter of 2015.
With another increase in commodity prices, the Australian currency was able to outperform its US counterpart.
The New Zealand Dollar prolonged its rally against the US Dollar on Tuesday, with the exchange rate nearing the 11-week resistance line.
The EUR/JPY currency pair managed to edge higher on Monday, but unable to breach the immediate resistance area, as demand at 124.04, namely the monthly S1, was sufficient contain the volatility.
Tuesday's trading range of gold prices was very tight, compared to Monday's one.
The US Dollar managed to outperform the Japanese Yen on Tuesday, but with gains limited by the immediate resistance in face of the monthly S2.
The Cable edged higher on Tuesday, but with gains being limited due to mixed fundamental data results and the four-week down-trend playing its part.
Eight consecutive days of neither bullish nor bearish advantage has only ended with emergence of a firm uptrend resistance line for the EUR/USD currency pair.
The Kiwi/Dollar was the best-performing currency pair among majors on Monday, having surged over 50 pips, amid an increase in oil prices.
On Monday the USD/CAD currency pair weakened, as the Loonie received a boost from a rise in oil prices.