On Friday, the USD Index moved sharply higher after official data showed that U.S. non-farm payrolls increased by 255,000 jobs in Jul, beating analysts’ expectations. As a result, the index came back above 96, which pushed the euro to a weekly low against the greenback. What happened at the same time with our other currency pairs?

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Earlier today, the USD Index extended yesterday’s losses as disappointing jobless claims report continued to weigh on investors’ sentiment. As a result, USD/JPY declined to the next support zone, approaching the Jul low. Will this barrier stop currency bears in the coming days?

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Earlier today, the British pound moved lower against the greenback as investors turned their attention to the Bank of England’s policy decision, which will be release later in the day. In this environment, GBP/USD came back below 1.3300. Will we see further deterioration n the coming days?

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Yesterday, the U.S. dollar moved higher against its Canadian counterpart after the price of crude oil declined under the barrier of $40. Thanks to these circumstances, USD/CAD re-approached the resistance zone. Will currency bulls manage to break above it in the coming days?

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Although today’s data showed that Swiss retail sales dropped 3.9% in Jun and the SVME PMI declined in Jul more than analysts’ forecasts, USD/CHF extended losses earlier today. How low could the exchange rate go in the coming days?

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