Monday’s bullish attempt of the Aussie dollar faltered in the proximity of 0.9570, sparking a pullback that found support around 0.9500 the figure overnight...

USD/JPY has ground to a halt just above the 93.58 38.2% Fibonacci retracement of the 2012-13 rise, and this has held the initial test.

The bearish tone in the shared currency continues to drive the EUR/USD lower on Tuesday, prolonging its decline from Monday’s highs around 1.3380...

Cable is last at fresh session lows 1.5699 retracing from session highs at 1.5739, on the back of broad USD strength. The pair is about flat for the week so far, capped below yesterday's weekly and fresh 4-month highs at 1.5750, ahead of key risk event at 08:30 GMT in the form of <strong><a href="http://www.fxstreet.com/fundamental/economic-calendar/event.aspx?id=3ac4e096-06c8-4981-b973-622269563b1f">UK CPI</a></strong>.

In what promises to be an extremely busy and volatile week for EUR/USD, the pair has started out on a strong note climbing 21 pips to close at 1.3365. Analysts are already looking towards the upcoming FOMC meeting which will conclude on June 19th as a major catalyst which may dictate price action this week.

The AUD/JPY is inching higher in Asia trade, at one point trading as high as 90.71 before giving up early gains and currently sitting up seven pips at 90.17.

After trading as high as 149.43 at one point in the day, the GBP/JPY encountered firm resistance and leaked lower later in the day to finish up 34 pips at 148.44.