During the early hours of Friday's trading session the EUR/USD currency exchange rate remained in limbo around the levels of significance near the 1.0880 mark.
Last week, US crude oil inventories dropped more than expected, while gasoline and distillate stocks rose markedly, owing to increased production at refineries.
The Conference Board Consumer Confidence Index dropped more than experts estimated.
On Thursday morning the bullion remained above the weekly S2, as it had been forced down by a significant resistance.
During the early hours of Thursday's trading session the EUR/USD remained almost unchanged, compared to the previous trading session. The reason for that is the fact that today is the day of the ECB Minimum Bid Rate announcement.
The Conference Board Consumer Confidence Index dropped more than experts estimated.
The Conference Board Consumer Confidence Index dropped more than experts estimated.
The yellow metal has retreated down to the weekly S2 at the 1,263.56 level. Meanwhile, the future direction of the bullion is complicated.
The common European currency seems to have finally met a worthy resistance level against the US Dollar.
US manufacturing activity in the Mid-Atlantic region slowed markedly in April, official figures revealed on Thursday.
Friday's data on British retail sales surprised many experts who did not expect such a notable change in March.
As it was expected, the bullion found support in the lower trend line of a medium term ascending channel pattern, which is a sign of an upcoming surge.
The Euro traded in a tight range with reduced volatility against the US Dollar in the aftermath of the French election. However, that is about to change.
US manufacturing activity in the Mid-Atlantic region slowed markedly in April, official figures revealed on Thursday.
Due to the French election induced certainty the yellow metal has fallen.
The first round of the French election has revealed no large surprise. However, the reaction is magnificent.
Friday's data on British retail sales surprised many experts who did not expect such a notable change in March.
US manufacturing activity in the Mid-Atlantic region slowed markedly in April, official figures revealed on Thursday.
US manufacturing activity in the Mid-Atlantic region slowed markedly in April, official figures revealed on Thursday.
The yellow metal's price seems to have started a period of hibernation before the French presidential election.
After a notable jump on Thursday the EUR/USD pair has retreated to trade back below the weekly R2. However, clues indicate that the surge will continue on Friday.
US homebuilding activity dropped more than expected last month amid the unusually warm weather and weaker manufacturing activity, official figures revealed on Tuesday.
As it was expected, the bullion has retreated to the 61.80% Fibonacci retracement level at 1,278.73. However,
On Thursday morning the EUR/USD currency exchange rate made attempts to break through a significant resistance level, and it looked like it will succeed in its efforts.