The number of Americans who filed for unemployment insurance last week decreased to 241,000, a survey from the Labor Department revealed on Thursday, following the preceding week's 243,000 filings.
British inflation surpassed the Bank of England's target of 2% last month, official figures released on Tuesday showed.
During the early hours of Wednesday's trading the yellow metal's price was fluctuating between the weekly R1 at 1,242.38 and the 50.00% Fibonacci retracement level, which is located at the 1,248.96 level.
The Euro has paused its surge against the Greenback at the weekly R1, which is located at the 1.0814 level. It still remains to be seen whether
During the early hours of Tuesday's trading session the yellow metal's price declined. However, most technical signs showed that the bullion was about to regain the lost ground and continue the surge.
As forecasted before, the common European currency broke the resistance of the monthly R1 against the US Dollar during the morning hours of Tuesday's trading session.
The number of Americans who filed for unemployment insurance last week decreased to 241,000, a survey from the Labor Department revealed on Thursday, following the preceding week's 243,000 filings.
The Bank of England left its monetary policy unchanged at its March meeting on Thursday.
The yellow metal continues to score gains, as it approaches the monthly PP, which is located at the 1,236.39 level.
The common European currency continues to attempt to score more ground against the Greenback, as the currency exchange rate is located below the monthly R1, which stands firm at 1.0772 level.
US industrial production was unchanged last month, while market analysts anticipated an increase, official figures revealed on Friday.
US industrial production was unchanged last month, while market analysts anticipated an increase, official figures revealed on Friday.
The number of Americans who filed for unemployment insurance last week decreased to 241,000, a survey from the Labor Department revealed on Thursday, following the preceding week's 243,000 filings.
The yellow metal traded above the 1,225 mark on Friday morning. However, it is most likely that new heights will be booked.
After consolidating during the early hours of Thursday's trading session, the EUR/USD pair revealed its course. It is going even higher on Friday.
The Bank of England left its monetary policy unchanged at its March meeting on Thursday.
The yellow metal has extended its gains into Thursday's trading session. However, it encountered notable resistance by the middle of the day and began to consolidate.
The common European currency jumped against the US Dollar on fundamental news from the Fed and the elections in the Netherlands. Due to that reason on Thursday morning the pair is consolidating.
The British unemployment rate hit its lowest level since 1975 in the three-month period to January, while the number of Britons filing for unemployment benefits dropped for the third consecutive month in February.
As analysts expected, the US Federal Reserve raised interest rates at its March monetary policy meeting on Wednesday amid rising inflation, solid economic growth and the strong labour market.
The seasonally adjusted Producer Price Index for final demand rose 0.3% in February, the Bureau of Labour Statistics revealed on Tuesday.
The seasonally adjusted Producer Price Index for final demand rose 0.3% in February, the Bureau of Labour Statistics revealed on Tuesday.
From both technical and fundamental perspectives the currency exchange rate is set to fall by the end of the day
The yellow metal awaits the Federal Reserve to announce its decision on the Federal Funds Rate. However,