Building permits were down 0.1% to a 1.30M units rate in December, adding to a total 4.7% rise to a rate of 1.26M units in 2017, the strongest level in ten years.
After failing two times to pass the 1,345 mark, the yellow metal has touched the 1,325 mark and rebounded against it.
On Thursday morning the surge of the US Dollar against the Japanese Yen continue to surge. However,
The European single currency fell sharply against the US Dollar, following German inflation final report on Tuesday.
The Sterling weakened against the US Dollar on the row of mixed economic data releases for Britain on Tuesday.
Although the yellow metal managed to find support on Tuesday, after another attempt to pass the 1,345.00 level the price retreated back down to the 1,335 mark. However,
The Greenback seems to have found support against the Japanese Yen on Wednesday morning.
The Sterling weakened against the US Dollar on the row of mixed economic data releases for Britain on Tuesday.
The European single currency fell sharply against the US Dollar, following German inflation final report on Tuesday.
The surge of the yellow metal on Tuesday had turned sour, as the pair had declined down below the 1,335 mark.
The Greenback had paused its decline against the Japanese Yen. The stop resulted in a short lived consolidation.
The US retail sales rose in December, as consumers bought more goods and the previous month's figures were revised up, indicating that the country's economy finished 2017 with solid momentum.
The European single currency was almost unchanged against the US Dollar on the trade balance report on Monday.
On Monday the yellow metal continued the ascent, which was started last week.
The US Dollar has extended its massive losses against the Japanese Yen. During the first half of Monday's trading session the currency exchange rate had managed to fall below the 110.50 mark.
The US retail sales rose in December, as consumers bought more goods and the previous month's figures were revised up, indicating that the country's economy finished 2017 with solid momentum.
The US retail sales rose in December, as consumers bought more goods and the previous month's figures were revised up, indicating that the country's economy finished 2017 with solid momentum.
The US producer prices decreased for the first time in more than a year in December, due to falling services costs.
In result of the overall depreciation of the buck, the yellow metal managed to break through the upper edge of a descending channel and reach the 1,330.00 mark.
In result of reaction on the ECB Meeting Minutes, the Euro advanced by 0.8% against Dollar.
Because of combined support formed by the lower line of an ascending channel and the 200-hour SMA, the pair made another attempt to surge above the 1,323.00 level.
During yesterday's trading session, the currency rate expectedly failed to cross combination of the 100- and 200-hour SMAs.
The Greenback feel sharply against the Japanese Yen on the disappointing labour market data.
The Sterling received some pips against the US Dollar on the upbeat UK manufacturing report.