The Euro traded above the 1.06 mark against the US Dollar on Monday morning, as the currency exchange rate skyrocketed on Friday on fundamental information coming from the US monetary policy makers.
The number of Americans filing for unemployment benefits fell markedly last week, official figures revealed on Thursday.
The yellow metal's price is falling. The reason for that is the hawkish US monetary policy comments and statements, which have propelled the Greenback higher.
UK construction activity rose slightly in February amid the strengthening civil engineering sector; however, surging costs and a drop in new orders pointed to a mixed outlook, a private survey revealed on Thursday.
The common European currency was in a rebound against the US Dollar, as it found support just below the 1.05 level. However, the technical analysis part, no matter how precise, has to be abandoned for the day
US manufacturing activity rose at a stronger-than-expected pace in February, official figures showed on Wednesday.
British manufacturing activity expanded at the slowest pace since November 2016 last month, a private survey revealed on Wednesday.
The yellow metal continues on its path lower against the US Dollar. Although the fall was expected to be sharper, it seems that the US Dollar is taking its time,
As forecasted before, the yellow metal found support in the uptrend line, which has pushed the commodity price higher since the middle of December.
The price of the yellow metal continues to fall for the third consecutive trading session. It is most likely caused by the appreciation of the Greenback in the light of the recent speech of the US leader.
The common European currency regain its losses during Tuesday's trading. However, in the aftermath of reaching the weekly R1 at 1.0630, the rate began to fall, forming a descending pattern.
The US economy grew less than expected in December quarter even in spite of higher consumer spending observed in the reported period.
The US economy grew less than expected in December quarter even in spite of higher consumer spending observed in the reported period.
The yellow metal remained rather flat during the early hours of Tuesday's trading session. However, by combining and analyzing various minor details and clues
The common European currency seemed to be set out to regain its losses suffered on February 20 against the US Dollar. However,
New orders for US-made capital goods advanced more than expected in January due to strong demand for passenger airplanes and new bookings for fighter planes and related military equipment.
New orders for US-made capital goods advanced more than expected in January due to strong demand for passenger airplanes and new bookings for fighter planes and related military equipment.
The price of the yellow metal has reached its highest level in two months. However, it reached its resistance and has reversed direction during today's trading session.
The rebound of the common European currency slowed down, as on Monday the exchange rate regained losses experienced in the previous trading session.
The number of Americans filing for unemployment benefits increased slightly more than expected last week, though the four-week average dropped 4,000 to 241,000, weakest level since 1973, official figures revealed on Thursday.
Official data released on Friday revealed that the number of mortgage approvals in the United Kingdom jumped to a 12-month high in January.
The number of Americans filing for unemployment benefits increased slightly more than expected last week, though the four-week average dropped 4,000 to 241,000, weakest level since 1973, official figures revealed on Thursday.
The price of the Gold has breached the triangle spotted by the Dukascopy team.
The Euro rebound against the Greenback continues, as the US Unemployment Claims and speeches from Mnuchin and Kaplan did not present anything that would drive the Dollar higher.