The Euro turn out to be alive after all, as it began to show some volatility against the US Dollar in the last 24 hours.
The yellow metal is conquering new ground, as on Wednesday morning it had broken all but one of the resistance levels, which comprise the strong cluster facing the bullion.
Activity in the US manufacturing sector expanded more than expected last month, according to a private survey published on Monday.
Activity in the US manufacturing sector expanded more than expected last month, according to a private survey published on Monday.
The EUR/USD rate remained flat for the second consecutive session on Tuesday morning, as the markets are expecting ECB president's Mario Draghi's speech.
On Tuesday morning the yellow metal found support in the weekly PP at 1,263.46 and began a surge to the 200-day SMA.
Manufacturing activity dropped less than expected in the Third Federal Reserve District, a monthly report revealed on Thursday.
Britain's retail sector proved to be slightly worse than expected, as the amount of items bought missed expectations.
The common European currency continued to fall against the US Dollar on Monday morning, as the currency exchange rate marked a week of losses.
57% of all SWFX open positions are long The yellow metal recently formed a short term ascending channel The 1,250 psychological level provided support for a week Economic events to watch over the next 24 hours: FOMC Member Dudley Speaks; FOMC Member Bullard Speaks On Monday morning the yellow metal's price remained almost unchanged, as the bullion is squeezed in between two levels
Britain's retail sector proved to be slightly worse than expected, as the amount of items bought missed expectations.
Manufacturing activity dropped less than expected in the Third Federal Reserve District, a monthly report revealed on Thursday.
Not much of a surprise, but the EUR/USD fell below the Brexit low level of 1.0912. However, the future outlook of the pair is unclear, as some analysts even forecast the fall to continue down to the 1.05 level.
The initial surge on Thursday morning was stopped by the resistance cluster as forecasted. Since then the yellow metal has been falling.
The common European currency is in its third session of losses against the US Dollar, as the currency exchange rate falls to the next support level, which is located at 1.0929.
The bullion continued to book gains on Thursday morning, as the metal approached a new resistance cluster.
US housing starts dropped unexpectedly last month, whereas building permits rose more than expected, official figures revealed on Wednesday.
US housing starts dropped unexpectedly last month, whereas building permits rose more than expected, official figures revealed on Wednesday.
US consumer prices rose most since April last month, driven by a surge in gasoline and rental prices.
The yellow metal fluctuated around the first weekly resistance level at 1,261.62 during the morning on Wednesday.
The EUR/USD traded almost unchanged on Wednesday morning. This occurred after a positive start on Tuesday the currency exchange rate bounced off the resistance put up by the second monthly support level at 1.1026.
UK consumer prices expended at the fastest annual pace in nearly two years during the previous month.
Industrial production in the United States rose less than expected last month, suggesting the economy grew at a moderate annual pace in the Q3.
Industrial production in the United States rose less than expected last month, suggesting the economy grew at a moderate annual pace in the Q3.