{"id":30853,"date":"2012-07-16T07:06:29","date_gmt":"2012-07-16T11:06:29","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/2012\/07\/market-review-13-7-12\/"},"modified":"2012-07-16T07:06:29","modified_gmt":"2012-07-16T11:06:29","slug":"market-review-13-7-12","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2012\/07\/16\/market-review-13-7-12\/","title":{"rendered":"Market Review 13.7.12"},"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 two-year low against the USD in overnight trading, following a downgrade of Italy\u2019s credit rating.  The EUR\/USD is currently trading at 1.2185.  The Australian dollar saw upward movement last night after the Chinese GDP figure came in at its expected level of 7.6%.  China is Australia\u2019s biggest trading partner and the aussie typically benefits from positive Chinese news.<\/p>\n<p><span><\/span><strong>Main News for Today<\/strong><\/p>\n<p>Italian 10-Year Bond Auction<br \/>\n\u2022\tFollowing Italy\u2019s credit rating downgrade yesterday, investors will be closely watching the bond auction to see if Italy\u2019s borrowing costs will go up further<br \/>\n\u2022\tShould demand for Italian bonds come in low, the euro could extend its losses against the USD and JPY<\/p>\n<p>US PPI- 12:30 GMT<br \/>\n\u2022\tThe Producer Price Index (PPI) is forecasted to come in at -0.5%, well above last month\u2019s -1.0%<br \/>\n\u2022\tIf today\u2019s news comes in as forecasted the dollar could see upward movement against the JPY before markets close for 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 remained near a two-year low against the USD in overnight trading, following a downgrade of Italy\u2019s credit rating. The EUR\/USD is currently trading at 1.2185. The Australian dollar saw upward movement last night after the Chinese GDP figure came in at its expected level of 7.6%. China is Australia\u2019s biggest trading &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2012\/07\/16\/market-review-13-7-12\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Market Review 13.7.12&#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-30853","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/30853","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=30853"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/30853\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=30853"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=30853"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=30853"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}