Economic activity in the US services sector was the strongest in more than 12 years, supported by rising new orders, suggesting that the economy sustained the strong momentum in the beginning of the year.
The Sterling depreciated against the US Dollar, following factory output data on Friday.
The EUR/USD currency pair was not exposed strongly to the influence of fundamentals on Monday.
Economic activity in the US services sector was the strongest in more than 12 years, supported by rising new orders, suggesting that the economy sustained the strong momentum in the beginning of the year.
Economic activity in the US services sector was the strongest in more than 12 years, supported by rising new orders, suggesting that the economy sustained the strong momentum in the beginning of the year.
The EUR/USD currency pair was not exposed strongly to the influence of fundamentals on Monday.
The Sterling jumped against the US Dollar more than 100 pips or 0.76%, just after the Bank of England's monetary policy decision was announced on Thursday, and continued to appreciate further.
Economic activity in the US services sector was the strongest in more than 12 years, supported by rising new orders, suggesting that the economy sustained the strong momentum in the beginning of the year.
Economic activity in the US services sector was the strongest in more than 12 years, supported by rising new orders, suggesting that the economy sustained the strong momentum in the beginning of the year.
The Halifax HPI reports caused a short-lived bullish reversal in the Sterling against the US Dollar.
The EUR/USD currency pair was not exposed strongly to the influence of fundamentals on Monday.
The yellow metal seems to be the only asset not affected by the panic occurring this week in the markets.
The US Dollar suddenly decline against the Japanese Yen and broke the previously drawn ascending channel.
The Sterling fell sharply against the US Dollar, after the report by Markit on the UK services industry.
The EUR/USD currency pair was not exposed strongly to the influence of fundamentals on Monday.
The yellow metal seems to be the only asset not affected by the panic occurring this week in the markets.
The US Dollar suddenly decline against the Japanese Yen and broke the previously drawn ascending channel.
The Sterling fell sharply against the US Dollar, after the report by Markit on the UK services industry.
The EUR/USD currency pair was not exposed strongly to the influence of fundamentals on Monday.
The short term forecast for the bullion has been wrong, as the tests of the 1,350 mark have ended with a failure.
The USD/JPY currency pair has clearly changed its direction and reached above the 110.00 mark.
The Greenback strengthened against the European single currency, as Friday's report revealed that hiring in the US accelerated.
The British Pound weakened against the Greenback 12 base points or 0.09% on the construction PMI report, though the pair was affected more from the US side after the country's job market data was released.
The yellow metal's price on Monday made another attempt to pass the 1,350 mark. However,