Crude oil inventories in the United States fell sharply last week, official data showed on Wednesday.
Britain's public sector borrowing increased less than expected in the last quarter, official figures revealed on Wednesday.
US housing starts dropped more than expected last month, official figures revealed on Tuesday.
US housing starts dropped more than expected last month, official figures revealed on Tuesday.
The bullion just can't break the resistance provided by the weekly PP at 1,316.02, as the metal is trying to break it for the third consecutive trading session on Wednesday morning.
The Euro did not trade long squeezed in between two levels of significance against the US Dollar, as the rate broke out to the downside, and it is falling on Wednesday morning.
Confidence among US homebuilders improved in the ninth month of the year, official data revealed on Monday.
The yellow metal continued to fight the resistance put up by the weekly PP at 1,316.02 on Tuesday morning.
Confidence among US homebuilders improved in the ninth month of the year, official data revealed on Monday.
The Euro is trading almost flat on Tuesday morning against the US Dollar, as it is squeezed in between two clusters of significant levels.
Consumer prices in the United States rose more than expected last month, official data revealed on Friday.
Consumer prices in the United States rose more than expected last month, official data revealed on Friday.
The yellow metal continues a rebound started on Friday, as the metal scored some gains in the early morning until it reached the newly formed weekly PP at 1,316.02.
On Monday morning the Euro is recovering after suffering heavy losses of almost 100 pips against the Greenback.
The bullion failed to break the resistance on Thursday, as it fell to trade below the weekly S1 below 1,315 on Friday morning.
On early Friday morning, the Euro depreciated against the US Dollar, as the pair is trading above the weekly PP, which is located at 1.1233.
According to the Labor Department, the number of Americans filing for unemployment aid rose to a seasonally adjusted 260,000 in the week ended September 10, slightly up from the preceding week's 259,000 claims, while market analysts anticipated an increase to 262,000 during the reported week.
The Bank of England kept its key interest rates unchanged at its September meeting despite the post-Brexit pressure, official data revealed on Thursday.
US import prices dropped unexpectedly last month amid lower petroleum and food prices, official data revealed on Wednesday.
British consumer prices held steady last month, ignoring an increase in the prices of imported raw materials driven by the country's decision to leave the European Union.
The yellow metal is testing resistance at 1,326.43, which is represented by the monthly PP combined with the 20-day SMA at 1,327.90.
The common European currency is set up for a surge against the US Dollar, as the currency exchange rate faces no resistance in a 75 pip range.
The yellow metal fell on Tuesday and reached the first weekly support at 1,315.33. On early Wednesday morning, the bullion moved past the weekly S1.
The common European currency found support on Wednesday morning against the US Dollar, as the currency exchange rate rebounded against a combination of the long term channels lower trend line and the 20 and 100-day simple moving averages around the level of 1.1210.