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.
The bullion pounded on the first weekly resistance at 1,261.62 on early Tuesday morning. Although the metal did not managed to break easily through the resistance, it did broke off from fluctuating just above the 1,250 level.
The common European currency is trading against the US Dollar in accordance with a lot of technical aspects, as the rate found support on Monday and continued to surge on Tuesday morning.
The common European currency fell on Friday below the 1.10 mark. However, on Monday morning the rate had slightly rebounded.
The yellow metal was in a slight rebound on Monday morning. Previously, the metal retreated after encountering resistance. However, as expected the commodity found support in the strong 1,250 level, which has kept the bullion from falling for more than a week.
US retail sales rose more than expected last month, official data revealed on Friday.
US retail sales rose more than expected last month, official data revealed on Friday.
Еhe number of Americans filing for unemployment benefits remained at its 43-year low last week, official figures showed on Thursday.
The number of Americans filing for unemployment benefits remained at its 43-year low last week, official figures showed on Thursday.
The Euro depreciated on Friday morning against the US Dollar, as the currency exchange rate was looking for support in the second weekly and monthly support levels at 1.1043 and 1.1026.
The bullion retreated on Friday after touching and bouncing off the resistance put up by the 200-day SMA.
On Wednesday the Fed released the minutes of its September meeting, once again refraining from raising interest rates.