{"id":30076,"date":"2012-06-06T04:08:23","date_gmt":"2012-06-06T08:08:23","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/2012\/06\/market-review-6-6-12\/"},"modified":"2012-06-06T04:08:23","modified_gmt":"2012-06-06T08:08:23","slug":"market-review-6-6-12","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2012\/06\/06\/market-review-6-6-12\/","title":{"rendered":"Market Review 6.6.12"},"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>Riskier currencies gained against their safe-haven rivals during overnight trading, following a better than expected Australian GDP figure.  The EUR\/USD reached as high as 1.2515 while the AUD\/USD gained almost 100 pips to trade as high as 0.9861.  Crude oil also benefited from risk taking in the marketplace and is now trading just below the $85 a barrel level.<\/p>\n<p><span><\/span><strong>Main News for Today<br \/>\n<\/strong><br \/>\nEUR Minimum Bid Rate- 11:45 GMT<\/p>\n<p>\u2022\tAlthough most analysts are predicting that the ECB will keep interest rates at their current 1%, some are forecasting that a rate cut could take place today<br \/>\n\u2022\tIf interest rates are cut, the euro, along with other riskier currencies, could see losses during afternoon trading<\/p>\n<p>EUR ECB Press Conference-12:30 GMT<\/p>\n<p>\u2022\tInvestors will be paying close attention to the press conference for clues as to any plans the ECB may have to stimulate growth in the euro-zone<br \/>\n\u2022\tIf no new initiatives are announced, the euro could see some bearish movement later in the day<\/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 Riskier currencies gained against their safe-haven rivals during overnight trading, following a better than expected Australian GDP figure. The EUR\/USD reached as high as 1.2515 while the AUD\/USD gained almost 100 pips to trade as high as 0.9861. Crude oil also benefited from risk taking in the marketplace and is now trading just &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2012\/06\/06\/market-review-6-6-12\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Market Review 6.6.12&#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-30076","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/30076","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=30076"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/30076\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=30076"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=30076"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=30076"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}