Manufacturing activity in the United Kingdom fell less than expected last month, a private survey revealed on Thursday.
The bullion is falling, as it has retreated even below 1,260 mark during the early hours of Friday's trading session.
On Friday morning the EUR/USD currency exchange rate remained in the range of the previous trading session.
The yellow metal did not only reach the 1,270 mark in the previous trading session, but also managed to almost touch the 1,275 level. However,
After scoring gains on Wednesday the EUR/USD currency exchange rate bounced off from the resistance, which is put up by the weekly R1 at the 1.1248 level.
The mood of American shoppers deteriorated for the second consecutive month in May.
The US economy expanded at a stronger-than-initially-expected pace in the March quarter; however, an economic slowdown remained on the table in the second quarter.
The mood of American shoppers deteriorated for the second consecutive month in May.
The US economy expanded at a stronger-than-initially-expected pace in the March quarter; however, an economic slowdown remained on the table in the second quarter.
The yellow metal has extended its decline more than it was expected. It is quite possible that the bullion will reach for the support cluster near the 1,250 mark.
On Wednesday morning the EUR/USD currency exchange remained below the strong resistance cluster near the 1.1190 mark. However,
The yellow metal continues to pound on the resistance put up by the monthly PP.
As it was forecasted on Monday, the common European currency is depreciating against the US Dollar, as weak support levels are easily passed.
The US economy expanded at a stronger-than-initially-expected pace in the March quarter; however, an economic slowdown remained on the table in the second quarter.
The US economy expanded at a stronger-than-initially-expected pace in the March quarter; however, an economic slowdown remained on the table in the second quarter.
As it was long expected, the yellow metal has reached the 1,270 mark. However, a bounce off has occurred.
The EUR/USD currency exchange rate seems to be beginning the expected decline. However, that is still to be seen.
The US economy expanded at a stronger-than-initially-expected pace in the March quarter; however, an economic slowdown remained on the table in the second quarter.
The US economy expanded at a stronger-than-initially-expected pace in the March quarter; however, an economic slowdown remained on the table in the second quarter.
Just like the rest of the markets, which have not had many influences during the Trump Tour of 2017, the yellow metal's price remains near the levels, where it started the week.
The Euro has returned against the US Dollar to the same level, where the week was started.
The number of Americans filing for unemployment benefits rose less than expected last week, official data showed on Thursday.
The British economy expanded at a weaker-than-initially-expected pace in the three-month period to March, official figures revealed on Thursday.
After the release of the FOMC Meeting Minutes the bullion is continuing on its path upwards. However,