US oil inventories fell for the second consecutive time last week, official data showed on Wednesday.
US oil inventories fell for the second consecutive time last week, official data showed on Wednesday.
US homebuilding activity rose slowed unexpectedly last month, official figures revealed on Friday.
The Bank of England Governor Mark Carney delivered a speech on Tuesday at the Mansion House dinner in London.
It seems that the reversal of the direction of the bullion is about to occur. Various clues indicate that the turning point is close.
The Euro has reached the levels of support against the US Dollar, as forecasted. Meanwhile, the future seems clear.
As it was expected, the metal's price has fallen below 1,245 mark. However,
US homebuilding activity rose slowed unexpectedly last month, official figures revealed on Friday.
The common European currency is trading against the US Dollar, as expected. The pair has retreated down to the 1.1150 mark.
US homebuilding activity rose slowed unexpectedly last month, official figures revealed on Friday.
The bullion has passed the support cluster, which held back the decline of the precious metal for more than two consecutive trading sessions.
After a short period of consolidation on Friday the EUR/USD currency exchange rate resumed to decline on Monday, as the pair encountered a strong resistance cluster.
US homebuilding activity rose slowed unexpectedly last month, official figures revealed on Friday.
US homebuilding activity rose slowed unexpectedly last month, official figures revealed on Friday.
The number of Americans filing for unemployment benefits dropped more than expected last week.
British retail sales dropped more than expected last month, pointing to high inflationary pressures driven by the weak Pound.
The bullion has reached the target zone set by Dukascopy analysts on Thursday, and it is expected that the commodity price
The common European currency has pierced the support of the medium term ascending channel against the US Dollar.
Just as most other financial instruments traded against the US Dollar the yellow metal's price experienced high volatility in the past 24 hours. However,
After a massive increase in volatility the EUR/USD pair traded back near the levels of the previous trading sessions.
As markets expected, the Federal Reserve raised its interest rates at the end of its meeting on Wednesday, adding that it would start cutting its Treasury bonds and other securities this year amid solid economic growth and strong employment trends.
The number of Britons applying for unemployment benefits dropped more than expected, whereas wage growth slowed unexpectedly in the three-month period to April.
On Wednesday morning the bullion started to trade in range between the weekly PP from the top and 55-period SMA from the bottom.
The common European currency found a support and is planning to resume a movement in the upward direction against the American Dollar.