The Euro is in a rebound on Monday morning against the US Dollar, as the currency exchange rate found support in a channel down pattern's lower trend line on Friday.
The yellow metal is in a rebound on Monday, as the long lasting fall of the bullion stopped, and the metal is surging.
The number of Americans filing for unemployment benefits dropped to its lowest level in 43 years, official figures revealed on Thursday.
The number of Americans filing for unemployment benefits dropped to its lowest level in 43 years, official figures revealed on Thursday.
The Euro experienced a disaster against the US Dollar on Thursday, and it did not end on Friday morning.
The yellow metal has reached a new record low, as it marks its tenth consecutive session of losses. However, the 1,250 mark turns out to be a psychological support level, which made the metal slightly rebound before the US Dollar went in for another attempt to break through the level of significance.
US private companies increased their job creation less than expected last month, official data revealed on Wednesday.
The Euro moved slightly lower on Thursday morning against the Greenback. However, those are not the main news, as the previous session revealed additional information.
The UK's services sector, which accounts for more than 75% of the country's GDP, continued to grow in September after dropping sharply immediately after British public has voted to leave the European Union.
The yellow metal searched for support on early Thursday morning, and it might find it, simultaneously confirming the hypothesis that the metal is actually in an ascending channel pattern not a wedge, as previously assumed.
Manufacturing activity in the United States rebounded in September after a disappointing August report, official data showed on Monday.
The Euro is once more at the resistance cluster made up of the weekly and monthly pivot points from 1.1224 to 1.1230 against the Greenback.
The bullion moved slightly higher on Wednesday morning, as most likely profit taking occurred after the massive 3.4% fall of the metal.
Construction activity in the United Kingdom unexpectedly accelerated last month, according to a private survey published on Tuesday.
UK manufacturing activity rose to its highest l in more than two years, as the level new export orders surged on the weaker British Pound, a private survey revealed on Monday.
Manufacturing activity in the United States rebounded in September after a disappointing August report, official data showed on Monday.
The bullions losses have reached a new low point on Tuesday, as during the early morning of the trading session the metal touched below the 1,310 level.
The common European currency failed to surge against the US Dollar on Monday, and the rate began a fall which was prolonged into Tuesday.
The yellow metal continues a streak of losses, ignoring the initial Friday's surge. It is most likely that the metal will continue to fall at least to the level of 1,310, where the 100-day SMA is located.
The Euro is in its fourth consecutive session of gains against the US Dollar. However, the gains of the previous sessions have been small, and the currency pair opened Monday's trading session lower, than the previous close on Friday.
The number of Americans filing for unemployment benefits rose less than expected, official figures revealed on Thursday.
Britain's current account deficit grew less than expected in the Q2 of 2016, official figures revealed on Friday.
The yellow metal surged on Friday morning after it found support in the first weekly support level at 1,315.44.
The common European currency continued to surge against the US Dollar, as the currency exchange rate moved in tandem with the channel up pattern's lower trend line for the third consecutive trading session.