Friday's data on British retail sales surprised many experts who did not expect such a notable change in March.
As it was expected, the bullion found support in the lower trend line of a medium term ascending channel pattern, which is a sign of an upcoming surge.
The Euro traded in a tight range with reduced volatility against the US Dollar in the aftermath of the French election. However, that is about to change.
US manufacturing activity in the Mid-Atlantic region slowed markedly in April, official figures revealed on Thursday.
Due to the French election induced certainty the yellow metal has fallen.
The first round of the French election has revealed no large surprise. However, the reaction is magnificent.
Friday's data on British retail sales surprised many experts who did not expect such a notable change in March.
US manufacturing activity in the Mid-Atlantic region slowed markedly in April, official figures revealed on Thursday.
US manufacturing activity in the Mid-Atlantic region slowed markedly in April, official figures revealed on Thursday.
The yellow metal's price seems to have started a period of hibernation before the French presidential election.
After a notable jump on Thursday the EUR/USD pair has retreated to trade back below the weekly R2. However, clues indicate that the surge will continue on Friday.
US homebuilding activity dropped more than expected last month amid the unusually warm weather and weaker manufacturing activity, official figures revealed on Tuesday.
As it was expected, the bullion has retreated to the 61.80% Fibonacci retracement level at 1,278.73. However,
On Thursday morning the EUR/USD currency exchange rate made attempts to break through a significant resistance level, and it looked like it will succeed in its efforts.
US homebuilding activity dropped more than expected last month amid the unusually warm weather and weaker manufacturing activity, official figures revealed on Tuesday.
The metal keeps encountering resistance just above the 1,290 mark. However, throughout the week it can be observed that a range has been established.
US homebuilding activity dropped more than expected last month amid the unusually warm weather and weaker manufacturing activity, official figures revealed on Tuesday.
US homebuilding activity dropped more than expected last month amid the unusually warm weather and weaker manufacturing activity, official figures revealed on Tuesday.
The Euro has reached new heights against the US Dollar. However, resistance has been encountered by the currency pair.
Manufacturing activity in the New York State fell markedly in April, raising concerns over economic growth in the Q2 of 2017, a survey revealed on Monday.
Manufacturing activity in the New York State fell markedly in April, raising concerns over economic growth in the Q2 of 2017, a survey revealed on Monday.
The yellow metal continued the retreat on Tuesday due to fundamental events in the US.
On Tuesday the EUR/USD currency exchange rate was about to be squeezed in between two levels of significance. However clues indicated that the pair will surge eventually.
US consumer prices fell unexpectedly last month, marking the first decline in more than a year, official figures revealed on Friday.