The yellow metal acted exactly as forecasted during Tuesday's trading session. However, the future outlook on Wednesday is not that easy to forecast, as before.
House prices in the United Kingdom dropped unexpectedly last month, official figures revealed on Tuesday.
A long time expected jump of the bullion occurred during Monday's trading session, and stopped during the night.
The common European currency was expected a long time to fall against the US Dollar. That day of a plummeting fall is today, as the pair fell almost 100 pips during the first half of Tuesday's trading session.
US companies created more jobs than expected last month, following the disappointing December figure.
The services sector activity in Britain slowed unexpectedly during the first month of 2017, a private survey revealed on Friday.
US companies created more jobs than expected last month, following the disappointing December figure.
The services sector activity in Britain slowed unexpectedly during the first month of 2017, a private survey revealed on Friday.
Gold opened optimistic and bullish on Monday by overstepping the 38.20% Fibonacci level of the latest fall at 1,219.20, which it had battled for a few times already.
EUR/USD continued to respect the upper boundary of the senior descending channel at 1.0796 with a fail at the area which was strengthened by the 100-day SMA.
The number of Americans filing for unemployment benefits dropped more than expected last week, official figures revealed on Thursday.
On Thursday, the Bank of England's Monetary Policy Committee voted to hold interest rates at historic lows of 0.25% and let their 60 billion-pound bond purchases end this month as scheduled.
The yellow metal retreated after scoring huge gains on Thursday. How to deal with the aftermath is, however, rather simple.
The EUR/USD currency exchange rate began Friday's trading session below the weekly R1, and at first glance it seemed that the pair is set to fall. However,
US private companies created far more jobs than expected in January, data published on Wednesday showed.
British manufacturing activity fell during the first month of 2017, as the weak British Pound pushed the prices of imports sharply higher, a private survey revealed on Tuesday.
The yellow metal continued to score gains on Thursday after the pause of Wednesday. During the morning hours the bullion already passed the weekly R1 at 1,213.16
On Thursday morning the common European currency scored gains against the US Dollar. However, its possibility to gain additional ground was being halted by a trend line.
Consumers' mood in the United States deteriorated markedly in January, a monthly survey revealed on Tuesday.
Consumers' mood in the United States deteriorated markedly in January, a monthly survey revealed on Tuesday.
The yellow metal remained rather unchanged during Wednesday's early hours. As the commodity price failed more than once to pass the resistance put up by the weekly R1, which is located at 1,213.16, it is most likely that
After hitting a long term descending channel's upper trend line on Tuesday, the EUR/USD currency exchange rate retreated during the early hours of Wednesday's trading session.
Consumer spending in the United Sates advanced more than expected last month as households boosted purchases of motor vehicles and services amid increasing wages.
Consumer spending in the United Sates advanced more than expected last month as households boosted purchases of motor vehicles and services amid increasing wages.