{"id":29567,"date":"2012-05-11T04:05:31","date_gmt":"2012-05-11T08:05:31","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/2012\/05\/market-review-11-05-12\/"},"modified":"2012-05-11T04:05:31","modified_gmt":"2012-05-11T08:05:31","slug":"market-review-11-05-12","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2012\/05\/11\/market-review-11-05-12\/","title":{"rendered":"Market Review 11.05.12"},"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 fell to a fresh 3 \u00bd month low against the US dollar in overnight trading as political uncertainty in Greece continues to weigh down on the common currency.  In addition, crude oil reversed its gains from yesterday afternoon and is once again trading below $96 a barrel.<\/p>\n<p><span><\/span><strong>Main News for Today<\/strong><\/p>\n<p>UK PPI Input- 08:30 GMT<br \/>\n\u2022\tAnalysts are predicting that the figure will come in at -0.9%, well below last month\u2019s 1.9%<br \/>\n\u2022\tIf true, the pound could extend its losses from last night against the USD and JPY<\/p>\n<p>US PPI- 12:30 GMT<br \/>\n\u2022\tThe US PPI is forecasted to come in at 0.0%<br \/>\n\u2022\tA better than expected figure could help the USD recover some of its losses vs. the JPY<br \/>\n\u2022\tPositive figure could also lead to gains for crude oil<\/p>\n<p>US Prelim UoM Consumer Sentiment- 13:55 GMT<br \/>\n\u2022\tConsumer sentiment figure forecasted to come in at 76.4<br \/>\n\u2022\tA better than expected figure could help the USD against JPY and give commodities like crude oil a boost to close out the week<\/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 fell to a fresh 3 \u00bd month low against the US dollar in overnight trading as political uncertainty in Greece continues to weigh down on the common currency. In addition, crude oil reversed its gains from yesterday afternoon and is once again trading below $96 a barrel. Main News for Today &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2012\/05\/11\/market-review-11-05-12\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Market Review 11.05.12&#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-29567","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/29567","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=29567"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/29567\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=29567"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=29567"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=29567"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}