In result of release of the US macroeconomic data, the exchange rate returned back to the monthly PP at 1,279.41.
The Labour Department revealed that the US consumer inflation eased to 0.1% from 0.5% in October, while its core figure appreciated to 0.2% in the same period.
The Labour Department revealed that the US consumer inflation eased to 0.1% from 0.5% in October, while its core figure appreciated to 0.2% in the same period.
In result of a breakout from previously dominant large descending channel the exchange rate managed to climb to the 1.1850 level.
The yellow metal is climbing upstairs against the after making a rebound from the bottom trend-line of a large ascending channel.
In result of an impulse provided by the positive German GDP data release, bulls took the lead and increased value of the Euro against the Dollar by more than 1.5%.
The Sterling fell against the US Dollar on disappoint UK consumer inflation report.
The Labour Department revealed that the US Producer Price Index increased 0.4% over the month of October, surprising expectations for a weaker gain of 0.1%.
The yellow metal is continuing lose value against the buck under the pressure from various moving averages.
The common European currency is continuing to surge against the Dollar in junior ascending channel.
The Treasury Department stated that the US Federal Government had a deficit of $63B over the course of October, where higher spending was attributed to disaster relief after a hurricane season.
The Treasury Department stated that the US Federal Government had a deficit of $63B over the course of October, where higher spending was attributed to disaster relief after a hurricane season.
The Japanese Yen strengthened against the Greenback on the upbeat Japan Eco Watcher's survey.
The stronger-than-anticipated report on the UK manufacturing production resulted in a modest increase of the British Pound.
On Friday, the pair lost 1.1% in value in result of sale of four million ounces of gold just in ten minutes.
The common European currency is continuing to grow against the Dollar in large ascending channel.
The bullion is continuing to trade against the buck in large ascending channel and junior rising wedge formation.
The Dollar continued to weaken against the Euro amid ongoing uncertainty over the terms of implementation of the corporate tax cuts.
The Japanese Yen strengthened against the Greenback on the upbeat Japan Eco Watcher's survey.
The JOLTS report showed that demand for workers in the US remained solid, with 6.1M job openings registered in September.
The yellow metal is continuing to gain value against the buck in a large ascending channel.
The Japanese Yen strengthened against the Greenback on the upbeat Japan Eco Watcher's survey.
The JOLTS report showed that demand for workers in the US remained solid, with 6.1M job openings registered in September.
Despite an announcement of conclusion of deals worth $253.4B between American and Chinese companies, the Dollar did not appreciate against the Euro.