On Thursday, the USD/JPY currency pair slid for the fifth consecutive day due to an increase in unemployment claims in the US.
Yet again the US fundamentals weighed on the Greenback.
EUR/USD continued to undergo a bullish correction on Thursday.
The NZD/USD pair behaved in accordance with the forecast.
Yesterday, the US Dollar suffered heavy losses against the Loonie, as it dropped to a low unseen since January 2015.
The Australian Dollar edged up on Wednesday, and even slightly exceeded expectations.
The cross experienced serious volatility on the downside yesterday, but in the end it closed only two pips above the open price.
Despite significant growth that Gold experienced on Wednesday, the short-term outlook for it remains fairly negative.
On Wednesday, the US Dollar dropped versus the Yen for the fourth day.
The Sterling touched the 1.47 level on Wednesday, but bounced right back.
The short-term outlook for EUR/USD remains bullish.
There were no surprises with the NZD/USD pair.
On Tuesday, the Greenback slumped a lot more than expected.
The AUD/USD currency pair edged up on Tuesday, according to the expectations.
The EUR/JPY cross, after showing elevated volatility yesterday, closed higher.
Yesterday, XAU/USD escaped the narrow range, in which the cross was bounded for the past two trading days.
On Tuesday, the USD/JPY pair failed to rebound and dropped amid the worse-than-expected fundamentals.
The Sterling surprised with its performance against the US Dollar, as the price surged more than 100 pips.
After a third unsuccessful attempt to breach the lower Bollinger band at 1.0550, pair decided to change direction of its development and turned attention to the closest resistance at 1.0735.
The NZD/USD pair suffered substantial losses on Monday.
Yesterday, the US Dollar appreciated against its Canadian counterpart.
As anticipated, AUD/USD failed to close at 0.76.
On Monday, the Euro extended its decline, after closing the previous week in red.
Even though trading range of XAU/USD remained under pressure between to technical lines on Monday, Gold still managed to stay within its boundaries during the day.