Despite a release of worse than expected data, the currency exchange rate failed to surge above the monthly PP at 1.1875 and made a rebound.
The Labour Department revealed that the US Producer Price Index climbed 0.4% in September.
The Labour Department revealed that the US Producer Price Index climbed 0.4% in September.
Despite a release of better than expected data on the US Core PPI, the yellow metal continued to appreciate against the buck.
In result of the previous trading session the currency pair made a successful breakout from a one-week long rising wedge pattern.
Due to uncertainty expressed by some of the FOMC members, the yellow metal continued to gain value against the buck.
The JOLTS survey showed that the number of the US job openings declined to 6.08M in August, from a downwardly revised figure of 6.14M in the prior month, facing negative impacts coming from the Hurricane Harvey.
The JOLTS survey showed that the number of the US job openings declined to 6.08M in August, from a downwardly revised figure of 6.14M in the prior month, facing negative impacts coming from the Hurricane Harvey.
The Euro continued to gain value against the Dollar, as FOMC meeting minutes showed that there are still some uncertainties about the need of another interest rate hike this year.
The GBP/USD currency pair kept going upwards in response to Tuesday's report pointing to an advance in the UK manufacturing production.
The Labour Department showed that the US job market faced unexpected decrease in jobs, as the economy lost 33K positions in September, reflecting the impact of Hurricanes Harvey and Irma.
Continuous escalation of the North Korean crisis drove the pair towards the weekly R2 at 1,294.86 yesterday.
The Euro continued to advance against the Dollar, as Catalan leaders decided to halt cessation from Spain in order to continue negotiations.
Due to continuous fears related to possible escalation of the North Korean crisis as well as some other fundamental factors, the gold continued to gain value against the buck yesterday.
The Labour Department showed that the US job market faced unexpected decrease in jobs, as the economy lost 33K positions in September, reflecting the impact of Hurricanes Harvey and Irma.
The Labour Department showed that the US job market faced unexpected decrease in jobs, as the economy lost 33K positions in September, reflecting the impact of Hurricanes Harvey and Irma.
Due to release of better than expected German data as well as hawkish comments from the ECB official, the Euro continued to recover against the Dollar.
An escalation of the North Korean crisis forced traders to actively transfer their funds into yellow metal, thus defusing the effect from surprising release of information about the US labour market.
The Labour Department showed that the US job market faced unexpected decrease in jobs, as the economy lost 33K positions in September, reflecting the impact of Hurricanes Harvey and Irma.
The Labour Department showed that the US job market faced unexpected decrease in jobs, as the economy lost 33K positions in September, reflecting the impact of Hurricanes Harvey and Irma.
Despite a release of better than expected American labour data, the buck did not managed to break the lower support line of a falling wedge pattern.
The US companies slashed hiring to the lowest level in 11 months in September owing to the disruption of business activities caused by Hurricanes Irma and Harvey, according to the ADP Employment report.
In result of a rebound which matched with a speech delivered by Governor Powell, the plunged to the weekly S1 at 1,266.63.
The British Pound strengthened against the Greenback on the grounds of shiny UK service industry data.