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.
The stagnation has ended. The EUR/USD currency exchange rate is following in the previously established patterns.
As was anticipated, the US Dollar outperformed the Japanese Yen on Wednesday, with the exchange rate nearing the 110.00 mark.
British services activity fell more than expected last month amid the upcoming 2017 General Election, official figures revealed on Monday.
The yellow metal continues to extend its decline into Thursday's trading session.
The expected stagnation of the pair did not occur, as a sudden dip downwards had occurred. However, it seems that the rate
Business activity in the US non-manufacturing sector fell last month but remained in the expansion territory for the 89th straight month.
British services activity fell more than expected last month amid the upcoming 2017 General Election, official figures revealed on Monday.
The yellow metal started the day above all the resistance levels, which it faced on Tuesday. However, a retreat began instead of a jump.
On Wednesday morning it seemed like the EUR/USD currency exchange rate has decided upon stagnating until the middle of Thursday's trading.
Business activity in the US non-manufacturing sector fell last month but remained in the expansion territory for the 89th straight month.
British services activity fell more than expected last month amid the upcoming 2017 General Election, official figures revealed on Monday.
For the bullion Tuesday is another session of major gains, as the metal touched the 1,290 mark during the early hours of the day's trading.
The expected surge of the Euro against the Greenback began on Monday. However, it did not manage to extend its gains into Tuesday.
US companies created less new positions than expected last month, whereas the jobless rate dropped unexpectedly.
Construction activity rose at the fastest pace since the end of 2015 last month, a private survey showed on Friday.
After the fall down to the 1,260 mark the yellow metal found support and skyrocketed, as on Monday morning the commodity traded above the 1,280 mark.
On Monday morning the EUR/USD currency pair slightly declined. However, there were various signs of an upcoming surge.
US private companies created more than expected jobs last month, official figures showed on Thursday.