The Aussie behaved almost according to the forecast, as it declined against the US Dollar yesterday.
Monday, the European currency managed to appreciated up to 137.80, but failed to maintain trade above the strong resistance cluster.
The Greenback overperformed on Monday, as it advanced further than anticipated versus its Canadian counterpart.
Upon edging closer to the resistance trend-line the NZD/USD was pushed back down.
XAU/USD was moving freely around the weekly pivot point at 1,161 on Monday.
The US Dollar surprised with its performance on Monday, as it appreciated against the Yen instead of declining.
In spite of reaching the monthly PP near 1.56, the GBP/USD currency pair still ended up declining yesterday.
Initially, the EUR/USD surged noticeably on Monday after the deal with Greece was reached.
The NZD/USD misbehaved, as it declined on Friday, rather than edging up.
At the end of last week the US Dollar suffered rather serious losses, as was anticipated.
Even though the AUD/USD reached the 0.75 psychological level on Friday, the pair bounced back and ended the day with a 20-pip loss.
On Friday, the European currency reached a fresh weekly high, but met resistance around 137.00.
XAU/USD recovered for a third day in a row last Friday with the support from monthly S1 at 1,154; however, the bullion's development was widely muted as investors were awaiting Greek negotiations to take place during the weekend.
The USD/JPY currency pair almost met expectations, as it appreciated on Friday and negated weekly losses.
The Sterling succeeded in outperforming the American Dollar at the end of last week, although the 55-day SMA and the trend-line provided obstacles.
EUR/USD rebounded in the direction of monthly pivot point on Friday.
Yesterday the New Zealand Dollar was able to stabilise above the weekly PP, thus, getting a chance to appreciate again today and reach the July 2010 low.
Although the USD/CAD declined, losses were limited by the April high at 1.2667, even forcing the trade to close at 1.2709.
The weekly S1 prevented the Australian Dollar from edging lower for the third time in a row and even caused a rally yesterday.
On Thursday, the EUR/JPY currency pair was able to regain the bullish momentum, as the strong support pushed the Euro up.
US jobless claims have initially sent the precious metal as high at 1,168.
The USD/JPY currency pair appreciated yesterday, but was unable to reach the 122.00 major level.
The Cable remained flat on Thursday, as the Bollinger band prevented the pair from advancing.
EUR/USD managed to defend its gains yesterday, after a disappointing data release on US jobless claims.