EUR/USD calmed after a story post-referendum session on Monday, posting a small red candle Tuesday morning.
Growth in the largest sector of the British economy accelerated at the fastest pace since January last month, although managers' view of the economy's long-term prospects deteriorated significantly, a private survey revealed on Monday.
Despite its safe haven nature, the Bullion lost value against the US Dollar amid high uncertainty in markets. XAU/USD opened 1.4% red Monday morning, respecting the monthly channel, and re-entering the short-term one.
The US unemployment rate fell to a nine-year low in November, adding to expectations that US interest rates will rise later this month.
EUR/USD showed little consistency in its movements, as uncertainty amid the Italian referendum led to increased volatility in most markets.
The US unemployment rate fell to a nine-year low in November, adding to expectations that US interest rates will rise later this month.
The number of Americans filing for first-time unemployment benefits rose last week to the highest level since the summer, but the trend remained still consistent with a healthy signs of the US job market.
Confidence in the UK's manufacturing sector posted a surprise fall in November, as the weak pound exerted pressure on manufacturers buying materials from abroad.
The yellow metal slightly moved to the upside on Friday morning, as it was regaining some of yesterday's losses.
The EUR/USD currency exchange rate surged on Friday morning, as the currency exchange rate broke free from the cluster of levels of significance located below it by the end of Thursday's session.
The number of homes that went under contract inched higher in October, a sign the housing market could be plateauing in the final months of the year.
The number of homes that went under contract inched higher in October, a sign the housing market could be plateauing in the final months of the year.
The metal had slightly rebounded on Thursday morning, as it suffered heavy losses during the OPEC meeting, where the agreement to cut oil production was made.
On early Thursday morning the EUR/USD currency exchange rate was in a rebound, as it found support in the weekly PP for more than 12 hours until it finally broke the resistance put up by various simple moving averages.
Japan's industrial production went up for a third consecutive month in October, with a slight add just beating the median forecast of economists, since the nation's exports compensate for weak domestic spending as well as fanning hopes of a gradual recovery in the country's manufacturing sector.
The UK economy showed solid growth in the last quarter, as higher exports and consumer spending helped to offset the post-Brexit vote uncertainty, official data revealed on Friday.
The yellow metal began the day below the weekly PP, which is located at 1,191.86, and it is most likely that the metal will not be able to break through the resistance put up by the level of significance.
The common European currency was in a retreat against the US Dollar on Wednesday morning, as the rate had touched the weekly PP at 1.0659 and bounced off of it without even putting up a fight.
The New Zealand Dollar trades against the Japanese Yen in an unclear manner on a larger scale. It is clear that there is an ascending channel in the short term, but no larger pattern. However, after extensive search the reason was found. The pair trades between the Fibonacci retracement levels, which can be measured by connecting the 2012 low and
The Euro trades in a short term ascending channel against the Swiss Franc, as the currency exchange rate has broken out of a descending channel. Regarding a little bit of the background, the reason for the rates rebound and subsequent surge was one of the Fibonacci retracement levels, which connect the 15 January 2015 high and low levels. However, at
New orders for US manufactured durable goods rose markedly last month, driven by higher demand for machinery and other equipment, official figures revealed on Wednesday.
The UK economy showed solid growth in the last quarter, as higher exports and consumer spending helped to offset the post-Brexit vote uncertainty, official data revealed on Friday.
On Tuesday morning the yellow metal bounced around the weekly PP without a clear direction. The reason for that are the short term support levels, which keep it up on the hourly chart.
On Tuesday morning the Euro depreciated against the US Dollar, as the currency exchange rate fell until it found support in the weekly PP at 1.0589.