The U.S. dollar moved lower against other major currencies after the disappointing University of Michigan report showed that consumer sentiment index declined to a four-month low of 81.3 in July, from a reading of 82.5 in the previous month, missing expectations for rise to 83.0. As a result, EUR/USD rebounded slightly from a 5-month low, while USD/CHF tested the strength of the strong resistance zone. What happened at the same time with other currency pairs? What is their current outlook?

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Earlier today, the U.S. dollar moved lower after news that a Malaysian Airlines plane crash near the Russia-Ukraine border, which fueled fears that the crisis between countries will escalate. These circumstances encouraged investors to abandon the dollar and buy safe-haven assets such as gold. As a result USD/JPY declined sharply and erased most of the recent rally. Will we see further deterioration in the coming days?

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Earlier today, the U.S. dollar climbed to a fresh 3-week high against its Canadian counterpart after the Bank of Canada left its overnight cash rate unchanged at 1%. Thanks to this news USD/CAD reached an important resistance line. Will it stop the rally?

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Earlier today, the U.S. dollar hit a three-week high against its Canadian counterpart after Federal Reserve Chair Janet Yellen testimony in Congress. Will the exchange rate climb above 1.0800?

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Earlier today, the greenback moved lower against the common currency as investors jumped to the sidelines awaiting for Federal Reserve Chair Janet Yellen's two-day congressional testimony on Tuesday and Wednesday. Because of these circumstances, EUR/USD extended gains and climbed to the strong resistance zone. So far, it holds, but is it strong enough to stop further improvement?

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