US homebuilding activity rose slowed unexpectedly last month, official figures revealed on Friday.
The number of Americans filing for unemployment benefits dropped more than expected last week.
British retail sales dropped more than expected last month, pointing to high inflationary pressures driven by the weak Pound.
The bullion has reached the target zone set by Dukascopy analysts on Thursday, and it is expected that the commodity price
The common European currency has pierced the support of the medium term ascending channel against the US Dollar.
Just as most other financial instruments traded against the US Dollar the yellow metal's price experienced high volatility in the past 24 hours. However,
After a massive increase in volatility the EUR/USD pair traded back near the levels of the previous trading sessions.
As markets expected, the Federal Reserve raised its interest rates at the end of its meeting on Wednesday, adding that it would start cutting its Treasury bonds and other securities this year amid solid economic growth and strong employment trends.
The number of Britons applying for unemployment benefits dropped more than expected, whereas wage growth slowed unexpectedly in the three-month period to April.
On Wednesday morning the bullion started to trade in range between the weekly PP from the top and 55-period SMA from the bottom.
The common European currency found a support and is planning to resume a movement in the upward direction against the American Dollar.
US producer prices held steady last month amid low energy prices.
British inflation hit its highest level in nearly four years last month, putting pressure on consumers.
The number of Americans filing for unemployment aid dropped less than expected in the week ended June 2.
On Tuesday morning the yellow metal traded in the range between the 20 and 55-day SMAs, which were expected to
The common European currency is continuing to depreciate against the US Dollar in the previously established descending channel pattern.
British manufacturing and industrial production rose less than expected in April but broke, following three consecutive months of declines.
The number of Americans filing for unemployment aid dropped less than expected in the week ended June 2.
British manufacturing and industrial production rose less than expected in April but broke, following three consecutive months of declines.
The yellow metal has passed the support of the medium term pattern, which held the course higher.
The common European currency stopped its fall on Friday and began a surge, which lasted into Monday. However,
The number of Americans filing for unemployment aid dropped less than expected in the week ended June 2.
The preliminary results of the UK General Election held on June 8 showed that the ruling Conservative Party led by the British Prime Minister Theresa May gained 297 seats, whereas its closest rival – the Labour Party led by Jeremy Corbyn – won 252 seats.
The yellow metal seems to be trading in accordance with the technical aspects of the commodity price.