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.
The number of Americans filing for unemployment aid dropped more than expect last week, official figures showed on Thursday.
The number of Americans filing for unemployment aid dropped more than expect last week, official figures showed on Thursday.
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 bullion traded above the 1,257 level, where the weekly S2 is located at, and the metal had found resistance in the 1,250 level during the first half of Friday's trading session.
Donald Trump's election as the 45th president of the United States sent shock waves across the world.
The United Kingdom's trade deficit narrowed in the Q3 despite the post-Brexit uncertainty, official data revealed on Wednesday.
The yellow metal resumed its movements in accordance with the larger scale pattern on Thursday, as the bullion surged and aimed at the 1,294.24 level, where the next resistance is located at.
Well the election hysteria seems to have ended, as the financial instruments, including the EUR/USD exchange rate have returned to previous levels. In the case of the EUR/USD it is the pre-election Brexit low level,
US private companies added fewer than expected jobs last month, whereas the unemployment rate improved slightly, the October Non-Farm Payrolls report showed on Friday.
British manufacturing activity jumped unexpectedly in September amid rising inflationary pressures, official figures revealed on Tuesday.
A Trump victory slammed the US Dollar down, as the currency exchange rate touched the 1.13 level during the early Wednesday morning.
A Trump victory slammed the US Dollar down, as yellow metal touched the 1,337 level during the early Wednesday morning.
US private companies added fewer than expected jobs last month, whereas the unemployment rate improved slightly, the October Non-Farm Payrolls report showed on Friday.
UK house prices jumped unexpectedly on a monthly basis in October, despite signs of a slowdown seen in the previous six months.
The Euro has lost volatility against the US Dollar prior to the election of the US president, as we are hours from finding out, who will lead the US for the next four years.
The yellow metal is set to surge in case of a Trump victory, as market participants would choose it over other risky investments. Meanwhile, the metal found support and surged prior to the election of the US president, as we are hours from finding out
US private companies added fewer than expected jobs last month, whereas the unemployment rate improved slightly, the October Non-Farm Payrolls report showed on Friday.
US private companies added fewer than expected jobs last month, whereas the unemployment rate improved slightly, the October Non-Farm Payrolls report showed on Friday.