The Bank of Japan (BoJ) announced an introduction of additional monetary stimulus at the end of its two-day meeting on Friday.
The number of people filing for unemployment benefits in the United States last week rose more than expected, fresh figures from the Department of Labor revealed on Thursday.
The common European currency is trading flat on Monday morning, as markets await for PMI Manufacturing data from Europe and the US.
The number of people filing for unemployment benefits in the United States last week rose more than expected, fresh figures from the Department of Labor revealed on Thursday.
The number of people filing for unemployment benefits in the United States last week rose more than expected, fresh figures from the Department of Labor revealed on Thursday.
The yellow metal continues to fluctuate around the level reached after the FOMC meeting. On the announcement of no rate change by the FOMC gold prices jumped by 20 US dollars.
The EUR/USD pair has finally started to move in a certain direction, as the currency exchange rate is in the third consecutive session of gains on Friday.
For the second consecutive month, orders for long lasting factory goods made in the United States fell, fresh figures from the US Census Bureau revealed on Wednesday.
UK GDP advanced 0.6% on a seasonally adjusted basis in the second quarter of 2016, as reported by the Office for National Statistics on Wednesday, surpassing the 0.5% market forecast and the 0.4% rise seen in the first quarter.
On the announcement of no rate change by the FOMC gold prices jumped by 20 US dollars. However, that only changed the level, at which Gold fluctuates, as it is bouncing around the 1,340 mark on Thursday morning.
The common European currency surged after the FOMC meeting. However, it did not set a direction, as it is fluctuating around the 1.1050 level against the US Dollar on Thursday morning.
New US single-family home sales rose more than expected in June, fresh figures from the US Census Bureau showed on Tuesday
New US single-family home sales rose more than expected in June, fresh figures from the US Census Bureau showed on Tuesday
Gold continues to fluctuate around 1,320 on Wednesday, as markets expect the FOMC rate.
The common European currency is fluctuating around the 1.10 level against the US Dollar on Wednesday morning.
Official figures from the US Department of Labor showed on Thursday that the number of Americans filing for government unemployment benefits in the week ended July 16 dropped to 253,000 from 254,000 registered in the previous seven days, signalling that the labor market continues to improve.
More bad news for a post-Brexit Britain came as the July's flash manufacturing PMI figure fell dramatically against the June figure and missed expectations.
Tuesday's morning confirms that the yellow metal is resuming its stagnant fluctuations, as the metal surged back to 1,320.
The common European currency has returned once again to the 1.10 level against the US Dollar.
Official figures from the US Department of Labor showed on Thursday that the number of Americans filing for government unemployment benefits in the week ended July 16 dropped to 253,000 from 254,000 registered in the previous seven days, signalling that the labor market continues to improve.
More bad news for a post-Brexit Britain came as the July's flash manufacturing PMI figure fell dramatically against the June figure and missed expectations.
With the start of a new week, it looks like gold might resume bouncing back and forth during this week, as the yellow metal fell below 1,320 level on Monday morning.
The Euro finally moved after a period of stagnation, as the EUR/USD pair fell on Friday.
Official figures from the US Department of Labor showed on Thursday that the number of Americans filing for government unemployment benefits in the week ended July 16 dropped to 253,000 from 254,000 registered in the previous seven days, signalling that the labor market continues to improve.