The New Zealand Dollar exceeded expectations yesterday, rising well above the target level.
The EUR/JPY cross failed to meet expectations on Thursday, as the pair retested the support line, but rebound on speculation that the BoJ is to announce more easing on next week's meeting.
Near-term outlook for gold is moderately bearish.
The US Dollar unexpectedly outperformed the Japanese Yen on Thursday, amid rumours of the BoJ applying more monetary stimulus.
The Cable managed to climb 31 pips higher yesterday, despite having dropped to the lowest in six years earlier that day.
EUR/USD attempted to violate the 1.08 support zone yesterday after soft comments made by the ECB President Draghi.
In spite of the Kiwi falling to a new four-month low against the Greenback yesterday, a strong reading of the manufacturing index caused the pair to close with a 20-pip rally.
BoC's decision to leave the overnight interest rate unchanged reinforced the Loonie on Wednesday, causing the USD/CAD to drop to the 1.45 level.
Although the AUD/USD was hurt from a fall in oil prices yesterday, the pair still managed to erase the intraday losses and remain relatively unchanged, as the US CPI data disappointed.
There were no surprises in the EUR/JPY's performance on Wednesday, as the cross partially recovered after touching the down-trend and closed between the first and the second support levels.
A one-day outlook for gold has a slight bearish bias, even though overall trading is likely to be range bound between 1,104 and 1,086.
On Wednesday the US currency edged closer to the 2015 low, but managed to recover from the daily low and stabilise just under the 117.00 level.
The Sterling mostly ignored positive labour market data on Wednesday, appreciating only 32 pips against the US Dollar.
Daily outlook for the most traded FX cross is sidelined for the moment.
As was previously mentioned, the Kiwi erased all gains on Tuesday and leveled with Monday's opening price after the NZ CPI data disappointed.
The USD/CAD managed to recover from its daily low and post a 22-pip rally over the previous day.
A rebound in commodity prices strengthened the Australian currency on Tuesday, with AUD/USD volatility reaching almost reaching the monthly S2 at 0.6967, but with trade closing in front of the immediate resistance, retaking the 0.69 level.
On Tuesday the Euro appreciated against the Yen, with trade closing at 128.30, after having tested the second resistance cluster.
One more trading session was spent without any bullish or bearish lead.
Even though the USD/JPY's volatility stretched out to the second resistance, the pair still ended its rally in front of the closest one, namely the monthly S2.
The Cable erased all daily gains on Tuesday, plunging towards the cluster around 1.4150, as the BoE Governor's remarks ruled out the possibility of an early interest rate hike.
All bearish attempts to send the most traded FX cross down failed on Tuesday.
The Kiwi outperformed the US Dollar yesterday, not only breaching the immediate resistance, but also putting the second target, namely the weekly PP, to the test.
The Greenback suffered a 43-pip loss against its Canadian counterpart, but remained at the highest level for at least 13 years.