The Cable dropped to the lowest in the last six weeks yesterday, with the immediate support cluster barely holding the losses.
Support at 1.1295/62 failed to produce any bullish momentum for long traders on Thursday.
The New Zealand Dollar failed to outperform the Buck, which received a boost from better-than-expected Durable Goods Orders data release.
The US Dollar lost its bullish momentum yesterday and edged 45 pips down, stabilising between the weekly and monthly R1s.
After some minor volatility, the Aussie managed to appreciate against the US Dollar and pierce the immediate resistance.
The support cluster around 136.40 failed to prevent the EUR/JPY from edging lower yesterday.
Bearish correction and a third straight day of losses pushed the price of the bullion below the most important support area at 1,131/25, where the XAU/USD rate closed Wednesday evening.
The Greenback not only stabilised above 120.00 yesterday, but also tested the weekly S1 at 120.41.
The Cable sustained unexpectedly heavy casualties on Wednesday, after the US Durable Goods Orders showed a lot better-than-expected results.
As expected, the EUR/USD cross breached an important support line that was targeted by bears yesterday.
The Kiwi experienced substantial volatility to the upside, but remained relatively unchanged yesterday.
The USD/CAD currency pair dropped as low as 1.3144 on Tuesday, but managed to regain the bullish momentum, amid strong US fundamental data results.
The Aussie's attempts to erase Monday's losses were in vain, as the strong US fundamental data caused the AUD/USD currency pair to fall towards the 0.71 major level yesterday.
Although the EUR/JPY cross negated Monday's losses at first, the pair still experienced a slump by the end of the day.
XAU/USD has been losing value for a third consecutive day on Wednesday.
The US Dollar's volatility to the upside reached the weekly S1 at 120.41, but was instantly pushed back, ultimately resulting in a slight decline.
Despite reaching a fresh two-month high yesterday, the Cable returned under the 1.57 psychological level.
Bears gained strong momentum on Tuesday, as EUR/USD attempted to cross several 2015 highs and close below the 1.14 mark.
Among all commodity currencies, the Kiwi suffered the most losses, with its volatility to the downside exceeding 500 pips.
The US Dollar behaved according to the forecast and appreciated against its Canadian counterpart.
Even though the AUD/USD currency pair experienced a more than 200-pip move to the downside, the exchange rate still managed to stabilise at 0.7174.
The Euro dropped against the Yen as low as the 136.00 major level on Monday, amid the Chinese stock market turmoil.
Gold had been benefiting from its safe-haven status last week, as stock markets continued to decline around the world.
The Greenback plummeted against the Japanese Yen yesterday, with volatility to the downside exceeding 550 pips.