The stagnation has ended. The EUR/USD currency exchange rate is following in the previously established patterns.
As was anticipated, the US Dollar outperformed the Japanese Yen on Wednesday, with the exchange rate nearing the 110.00 mark.
British services activity fell more than expected last month amid the upcoming 2017 General Election, official figures revealed on Monday.
The yellow metal continues to extend its decline into Thursday's trading session.
The expected stagnation of the pair did not occur, as a sudden dip downwards had occurred. However, it seems that the rate
Business activity in the US non-manufacturing sector fell last month but remained in the expansion territory for the 89th straight month.
British services activity fell more than expected last month amid the upcoming 2017 General Election, official figures revealed on Monday.
The yellow metal started the day above all the resistance levels, which it faced on Tuesday. However, a retreat began instead of a jump.
On Wednesday morning it seemed like the EUR/USD currency exchange rate has decided upon stagnating until the middle of Thursday's trading.
Business activity in the US non-manufacturing sector fell last month but remained in the expansion territory for the 89th straight month.
British services activity fell more than expected last month amid the upcoming 2017 General Election, official figures revealed on Monday.
For the bullion Tuesday is another session of major gains, as the metal touched the 1,290 mark during the early hours of the day's trading.
The expected surge of the Euro against the Greenback began on Monday. However, it did not manage to extend its gains into Tuesday.
US companies created less new positions than expected last month, whereas the jobless rate dropped unexpectedly.
Construction activity rose at the fastest pace since the end of 2015 last month, a private survey showed on Friday.
After the fall down to the 1,260 mark the yellow metal found support and skyrocketed, as on Monday morning the commodity traded above the 1,280 mark.
On Monday morning the EUR/USD currency pair slightly declined. However, there were various signs of an upcoming surge.
US private companies created more than expected jobs last month, official figures showed on Thursday.
Manufacturing activity in the United Kingdom fell less than expected last month, a private survey revealed on Thursday.
The bullion is falling, as it has retreated even below 1,260 mark during the early hours of Friday's trading session.
On Friday morning the EUR/USD currency exchange rate remained in the range of the previous trading session.
The yellow metal did not only reach the 1,270 mark in the previous trading session, but also managed to almost touch the 1,275 level. However,
After scoring gains on Wednesday the EUR/USD currency exchange rate bounced off from the resistance, which is put up by the weekly R1 at the 1.1248 level.
The mood of American shoppers deteriorated for the second consecutive month in May.