After reaching a resistance cluster near 1,219 mark the yellow metal slightly declined and reached as low as 1,211. However,
The EUR/USD currency exchange rate has hit a resistance level and started to decline. As a result
US retail sales rose more than expected last month amid higher demand for furniture and automobiles, figures showed on Friday.
As uncertainty increases, the more the yellow metal surges. On Tuesday the bullion was above the 1,210 level, and it showed no sign of stopping.
The common European currency is one more attempting to break out of the medium term ascending channel, in which it has been against the US Dollar since the middle of December.
In the United Kingdom, demand for bank lending among small and medium-sized enterprises dropped in the last quarter of 2016 in the wake of the country's decision to leave the European Union, according to the Bank of England's quarterly Credit Conditions Survey released on Friday.
In the United Kingdom, demand for bank lending among small and medium-sized enterprises dropped in the last quarter of 2016 in the wake of the country's decision to leave the European Union, according to the Bank of England's quarterly Credit Conditions Survey released on Friday.
US retail sales rose more than expected last month amid higher demand for furniture and automobiles, figures showed on Friday.
Gold continued to surge on Monday, as it had found support on Friday. The bullion was set to climb to the 1,211 mark soon
The EUR/USD currency exchange rate retreated on Monday and fell down to trade near the 1.06 mark. The move lower occurred due to a
The number of Americans filing for unemployment aid advanced less than expected last week, official figures showed on Thursday.
The number of Americans filing for unemployment aid advanced less than expected last week, official figures showed on Thursday.
The common European currency continued to surge above the 1.06 mark against the Greenback during Friday hours. However, after the large volatility experienced before, Friday's fluctuations were lot lesser.
The yellow metal had retreated below the 1,200 mark on Friday morning. However, all clues indicate that that is not for long.
The number of job openings in the United States was little changed in November, according to the latest data released on Tuesday.
British industrial production posted the biggest monthly gain since March 2016, while manufacturing production rebounded from the preceding month's fall.
Just like most of the financial instruments, which are traded against the US Dollar, the yellow metal surged on Thursday.
During Trump's speech the EUR/USD currency exchange rate fell down to the 1.0454 mark. However, on Thursday it hit a new record high. Trump has once more provided excellent volatility to profit from.
Although the yellow metal already met with the medium term resistance on Tuesday, it still managed to rebound and continue its way upward.
After encountering the upper trend line of the medium scale ascending channel against the US Dollar on Tuesday, the Euro began to depreciate. The process continued into Wednesday.
The number of job openings in the United States was little changed in November, according to the latest data released on Tuesday.
The number of job openings in the United States was little changed in November, according to the latest data released on Tuesday.
The US economy created less jobs than expected in the last month of 2016, disappointing markets.
British house prices climbed for the second consecutive month in December, driven by a shortage of affordable homes.