Monthly data on the US Building Permits contributed to the second straight day of gains in the USD/JPY currency pair.
The stronger-than-expected UK retail sales report failed to support the British Pound, as the gain was thought to be related to temporary warm weather effects.
The ECB press conference has caused the markets to think that the Euro is strong as a bull.
Consumer prices in the United States were flat, while retail sales dropped for the second consecutive month in June.
Britain's inflation fell unexpectedly in June from a four-year high reached in the previous month.
The decline of the yellow metal has extended, as the bullion has reached levels below the 1,240 mark.
The Euro continued to retreat against the US Dollar on Thursday morning. It seemed that the rate was at a short term cross point.
The Bullion has met with various resistance levels, which have pressured it into a decline on Wednesday morning.
Consumer prices in the United States were flat, while retail sales dropped for the second consecutive month in June.
The common European currency had slightly retreated against the US Dollar on Wednesday morning, as it encountered resistance.
Britain's inflation fell unexpectedly in June from a four-year high reached in the previous month.
A recently adjusted line on the hourly chart of the yellow metal is creating a notable resistance for the commodity price.
As it was expected and forecasted on the short term and long term charts, the EUR/USD is fluctuating above the 1.15 mark.
Consumer prices in the United States were flat, while retail sales dropped for the second consecutive month in June.
Consumer prices in the United States were flat, while retail sales dropped for the second consecutive month in June.
The patterns of the XAU/USD charts have been broken by a fundamental change in the US.
The common European currency is not losing value against the US Dollar, as it has been expected by some. The reason is
Consumer prices in the United States were flat, while retail sales dropped for the second consecutive month in June.
Consumer prices in the United States were flat, while retail sales dropped for the second consecutive month in June.
The hypothesis that the previously active ascending channel pattern remains in force has been confirmed on Friday morning.
The common European currency on Friday traded near the previous session levels against the US Dollar. Nothing much had changed on larger timeframes. However,
The US Producer Price Index for final demand nudged up 0.1% in June on the back of sustained increases in services cost that managed to offset plunging energy prices, data released by the Labour Department revealed on Thursday.
The US Producer Price Index for final demand nudged up 0.1% in June on the back of sustained increases in services cost that managed to offset plunging energy prices, data released by the Labour Department revealed on Thursday.
The metal is not continuing perfectly in accordance with the previous forecast. However, the gains are even larger than expected for most traders.