UK manufacturing activity rose to its highest l in more than two years, as the level new export orders surged on the weaker British Pound, a private survey revealed on Monday.
Manufacturing activity in the United States rebounded in September after a disappointing August report, official data showed on Monday.
The bullions losses have reached a new low point on Tuesday, as during the early morning of the trading session the metal touched below the 1,310 level.
The common European currency failed to surge against the US Dollar on Monday, and the rate began a fall which was prolonged into Tuesday.
The yellow metal continues a streak of losses, ignoring the initial Friday's surge. It is most likely that the metal will continue to fall at least to the level of 1,310, where the 100-day SMA is located.
The Euro is in its fourth consecutive session of gains against the US Dollar. However, the gains of the previous sessions have been small, and the currency pair opened Monday's trading session lower, than the previous close on Friday.
The number of Americans filing for unemployment benefits rose less than expected, official figures revealed on Thursday.
Britain's current account deficit grew less than expected in the Q2 of 2016, official figures revealed on Friday.
The yellow metal surged on Friday morning after it found support in the first weekly support level at 1,315.44.
The common European currency continued to surge against the US Dollar, as the currency exchange rate moved in tandem with the channel up pattern's lower trend line for the third consecutive trading session.
The number of Americans filing for unemployment benefits rose less than expected, official figures revealed on Thursday.
The number of Americans filing for unemployment benefits rose less than expected, official figures revealed on Thursday.
The yellow metal traded near the falling wedge pattern's lower trend line on Thursday morning, as the metal had been more volatile to the upside.
New orders for US manufactured core durable goods dropped less than expected last month, official figures revealed on Wednesday.
The EUR/USD pair slightly moved northward on Thursday morning. However, the currency exchange rate is set up for a further surge.
New orders for US manufactured core durable goods dropped less than expected last month, official figures revealed on Wednesday.
Gold opened bearish on Wednesday, facing some critical action at 1318.15. XAU/USD is about to show its true colours when an attempt at the bottom trend-line of the senior wedge will either open the way to the junior triangle bottom trend-line at 1302.08 or cut off the losses to execute another wave inside of the wedge, breaking the junior triangle.
EUR/USD continued the bullish motion it took up on Tuesday, eyeing the 1.1201/03 support area for tests.
Confidence among American shoppers rose unexpectedly to its highest level since the recession in September, official data revealed on Tuesday.
Confidence among American shoppers rose unexpectedly to its highest level since the recession in September, official data revealed on Tuesday.
Gold brought some volatility into the market, taking a bearish stance after a tap at the upper trend-line of the three-month descending triangle at 1338.91, supported by 1332.22, the 55-day SMA.
Stalled by the 1.1253 supply level EUR/USD opened with a sell-off, giving up the track towards the broken channel trend-line at 1.1274.
The number of Americans filing for unemployment benefits fell sharply last week, official figures revealed on Thursday.
The number of Americans filing for unemployment benefits fell sharply last week, official figures revealed on Thursday.