Due to pre-Fed rate hike hype the Aussie lost its bullish momentum and declined more than 80 pips on Tuesday.
On Tuesday the EUR/JPY remained relatively unchanged for a third time in a row, as the immediate resistance cluster pushed the pair down.
The bullion traded with no daily change on Tuesday, even though attempts were made to surge in the direction of 1,070.
The USD/JPY rebounded from its intraday low yesterday, after the inflation data sparked more hope of the Fed raising interest rates today.
On Tuesday the Sterling suffered another gradual decline against the US Dollar, with trade closing only at the second support, namely the weekly S1.
The US currency skyrocketed versus the Euro on Tuesday, by rallying circa 150 points to 1.0930.
The US Dollar experienced minor volatility on Monday, ending the day with a 12-pip rally.
As technical studies suggested, the Aussie appreciated against the US Dollar on Monday, stabilising above the immediate resistance.
On Monday the NZ Dollar managed to erase last Friday's losses and even reach a fresh six-week high.
The European remained relatively unchanged against the Japanese Yen yesterday, as it rebounded from the intraday low back above the 133.00 major level.
The bearish scenario was fully implemented on Monday, as gold prices came under a substantial pressure created by short traders.
The US Dollar dropped to a fresh five-week low yesterday, but managed to partially recover from that slump, closing trade above the immediate support.
The British currency experienced a rather sharp sell-off on Monday, amid remarks of the BoE official concerning poor nominal wage growth.
EUR/USD's volatility surged on Monday, despite lack of fundamental news and in anticipation of the looming Fed interest rate decision.
The New Zealand Dollar slumped against its US Counterpart last Friday, after having tested the immediate support cluster around 0.6775.
Strong US fundamentals pushed the USD/CAD even higher on Friday, while falling oil prices provided an additional boost.
Last Friday the AUD/USD currency pair suffered a 95-pip loss, amid global oil overproduction and, thus, lower prices for black gold.
Even though the EUR/JPY's bullish momentum faded last Friday, the pair was still unable to close under the immediate support, thus, remained relatively unchanged.
Price movements ranged from 1,062 to 1,079 on Friday of the previous week.
The USD/JPY experienced serious volatility on Friday, with trade closing in at the target support at 120.98, namely the monthly S1.
The Cable ignored the positive US fundamental data on Friday, as the IMF's upbeat report on the UK economy boosted the British currency.
As expected, EUR/USD surged past the 55-day moving average line to close the week just below the 1.10 mark.
The NZD/USD's surge was diminished by the immediate resistance in face of the Bollinger band and the monthly R1 yesterday, causing a close at 0.6752.
Due to mixed US fundamentals, the Aussie closed 20 pips higher than expected yesterday.