{"id":29488,"date":"2012-05-07T03:21:08","date_gmt":"2012-05-07T07:21:08","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/2012\/05\/market-review-7-5-12\/"},"modified":"2012-05-07T03:21:08","modified_gmt":"2012-05-07T07:21:08","slug":"market-review-7-5-12","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2012\/05\/07\/market-review-7-5-12\/","title":{"rendered":"Market Review 7.5.12"},"content":{"rendered":"<p><strong>Source: <a href=\"http:\/\/www.forexyard.com\/landsys\/general_static\/en\/?pid=545&#038;mid=888&#038;cid=15844&#038;zid=15873\" target=\"_blank\">ForexYard<\/a><\/strong><\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/profile-pics\/16.jpg\" width=\"120\" alt=\"printprofile\" \/><\/p>\n<p>The euro sank to a three-month low against the US dollar during overnight trading as investors continue to digest the results of yesterday\u2019s elections in France and Greece. Crude oil extended its bearish trend as well, dropping over $2 a barrel during Asian trading.<\/p>\n<p><span><\/span><strong>Main News for Today<\/strong><\/p>\n<p>EUR Sentix Investor Confidence- 08:30 GMT<br \/>\no\tLevel of investor confidence is forecasted to have dropped since last month<br \/>\no\tA final result of below -15.3 may lead to additional losses for the euro<\/p>\n<p>EUR German Factory Orders- 10:00 GMT<br \/>\no\tFactory orders in Germany forecasted to have gone up since last month<br \/>\no\tA final result of over 0.5% could give the euro a temporary boost<\/p>\n<p>CAD Building Permits- 12:30 GMT<br \/>\no\tUSD saw major gains against CAD due to risk aversion in the marketplace<br \/>\no\tWith today\u2019s news forecasted to come in well below last month\u2019s, the loonie\u2019s bearish trend may contine<br \/>\no\tA final result of below -0.5% could lead to additional losses for CAD<\/p>\n<p><strong><a href=\"http:\/\/www.forexyard.com\/landsys\/general_static\/en\/?pid=545&#038;mid=888&#038;cid=15844&#038;zid=15873\" target=\"_blank\">Forex Market Analysis provided by ForexYard. <\/a><\/strong><\/p>\n<p>\u00a9 2006 by FxYard Ltd<\/p>\n<p>Disclaimer: Trading Foreign Exchange carries a high level of risk and may not be suitable for all investors. There is a possibility that you could sustain a loss of all of your investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: ForexYard The euro sank to a three-month low against the US dollar during overnight trading as investors continue to digest the results of yesterday\u2019s elections in France and Greece. Crude oil extended its bearish trend as well, dropping over $2 a barrel during Asian trading. Main News for Today EUR Sentix Investor Confidence- 08:30 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2012\/05\/07\/market-review-7-5-12\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Market Review 7.5.12&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-29488","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/29488","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=29488"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/29488\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=29488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=29488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=29488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}