US consumer prices see the biggest increase in six months in October amid higher gasoline and rent costs.
British retail sales grew at the fastest pace since 2002 in October, helped by colder weather and Halloween, official figures revealed on Thursday.
The yellow metal was in a rebound on Monday morning, as the bullion surged in a newly formed, short term ascending channel.
As the US Dollar reaches heights not seen since 2003, the EUR/USD currency exchange rate still tried to find support on Monday morning.
Gold opened red on Friday for the third consecutive session, suggesting that investors position the current global polit-economic situation lower on the uncertainty barometer than it was previously estimated.
US consumer prices see the biggest increase in six months in October amid higher gasoline and rent costs.
EUR/USD remained in low-volatility territory, not showing a single green daily candle since November 6.
British retail sales grew at the fastest pace since 2002 in October, helped by colder weather and Halloween, official figures revealed on Thursday.
US industrial production remained unchanged unexpectedly last month, amid the weak heating demand.
US industrial production remained unchanged unexpectedly last month, amid the weak heating demand.
The common European currency was stuck on Thursday morning against the US Dollar, as not only from a technical perspective it was squeezed in between levels of significance, but also markets were expecting important fundamental news later in the day.
The yellow metal stopped on Thursday morning at almost the same spot, where it started Monday's trading session.
US retail sales posted a better than expected increase last month, suggesting economic strength and increasing chances for a December interest rate hike.
British consumer prices dropped unexpectedly last month, despite the steep fall in the value of the British Pound after the Brexit vote, official data showed on Tuesday.
The common European currency slightly moved upwards against the US Dollar on Wednesday morning. However, the pair retreated back shortly.
The yellow metal traded almost flat during the early hours of Wednesday's trading session, as the bullion struggled to move higher.
The number of Americans filing for unemployment aid dropped more than expect last week, official figures showed on Thursday.
Donald Trump's surprising election victory combined with the post-Brexit uncertainty raised the question of whether the European Central Bank should provide additional monetary stimulus or not.
The common European currency surged against the US Dollar on Tuesday morning, as it continued the rebound from the January low level of 1.0709, which was reached in the second half of Monday's trading session.
The yellow metal stopped falling in the second half of Monday's trading session, and it has regained some of the previous losses on Tuesday morning.
The Japanese Yen lost to the US Dollar causing USD/JPY to rally through the upper trend-line of the two-month channel. Currently testing the 107.80 mark, the pair faces major resistance at 108.18, and a break above this level would truly confirm a strong uptrend, causing most of significant levels to remain underneath and provide demand pressures from beneath. Technical signals,
The US Dollar continued to strengthen in the second half of Thursday's trading session, which propelled the EUR/USD pair below the Brexit low, where the pair traded on Friday morning.
The EUR/USD currency exchange rate continued to fall, as the Euro suffered losses for the sixth consecutive trading session against the US Dollar.
The yellow metal began Monday's trading below the 1,230 level, as it suffered major losses on Friday by falling 2.6% by the end of the day's trading session.