{"id":29545,"date":"2012-05-10T05:10:08","date_gmt":"2012-05-10T09:10:08","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/2012\/05\/market-review-10-5-12\/"},"modified":"2012-05-10T05:10:08","modified_gmt":"2012-05-10T09:10:08","slug":"market-review-10-5-12","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2012\/05\/10\/market-review-10-5-12\/","title":{"rendered":"Market Review 10.5.12"},"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 remained near a three-month low against the US dollar and JPY in overnight trading as investors await news regarding a possible new Greek election in the next few weeks.  <\/p>\n<p><span><\/span><strong>Main News for Today<\/strong><\/p>\n<p>UK Manufacturing Production- 08:30 GMT<br \/>\n\u2022\tForecasted to come in at 0.5%, well above last month\u2019s -1.0%<br \/>\n\u2022\tIf true, the GBP may see gains vs. safe-haven currencies<\/p>\n<p>UK Official Bank Rate\/MPC Rate Statement- 11:00 GMT<br \/>\n\u2022\tMPC isn\u2019t expected to adjust British interest rates<br \/>\n\u2022\tThe MPC Statement could offer clues as to a possible new round of quantitative easing<br \/>\n\u2022\tAny mention of quantitative easing could turn the pound bearish<\/p>\n<p>US Trade Balance- 12:30 GMT<br \/>\n\u2022\tAnalysts are predicting the US trade deficit grew to -49.8B<br \/>\n\u2022\tIf true, the dollar may see additional losses against the JPY<\/p>\n<p>US Unemployment Claims<br \/>\n\u2022\tUnemployment Claims forecasted to have increased to 371K<br \/>\n\u2022\tAnything above 371K could result in dollar losses during afternoon trading<\/p>\n<p>US Fed Chairman Bernanke Speaks- 13:30 GMT<br \/>\n\u2022\tFollowing last week\u2019s disappointing Non-Farm Payrolls figure, investors will be closely watching today\u2019s speech<br \/>\n\u2022\tAny mention of a new round of quantitative easing in the US could result in heavy dollar losses against the yen<\/p>\n<p>Read more forex news on our <a href=\"http:\/\/www.forexyard.com\/blog\/en\/\">forex blog<\/a><\/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 remained near a three-month low against the US dollar and JPY in overnight trading as investors await news regarding a possible new Greek election in the next few weeks. Main News for Today UK Manufacturing Production- 08:30 GMT \u2022 Forecasted to come in at 0.5%, well above last month\u2019s -1.0% \u2022 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2012\/05\/10\/market-review-10-5-12\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Market Review 10.5.12&#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-29545","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/29545","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=29545"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/29545\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=29545"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=29545"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=29545"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}