{"id":30876,"date":"2012-07-16T05:14:08","date_gmt":"2012-07-16T09:14:08","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/2012\/07\/market-review-16-7-12\/"},"modified":"2012-07-16T05:14:08","modified_gmt":"2012-07-16T09:14:08","slug":"market-review-16-7-12","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2012\/07\/16\/market-review-16-7-12\/","title":{"rendered":"Market Review 16.7.12"},"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>Trading was relatively quiet during the overnight session, as Japanese markets are closed for a bank holiday.  That being said, the EUR did give up some of last Friday\u2019s gains against the USD, but still managed to stay above the 1.2200 level.  The EUR\/USD is currently trading at 1.2227.  Gold and crude oil also saw moderate losses during the overnight session, and are currently trading at $1586 and $87, respectively.<\/p>\n<p><span><\/span><strong>Main News for Today<\/strong><\/p>\n<p>US Retail Sales and Core Retail Sales- 12:30 GMT<br \/>\n\u2022\tBoth indicators have come in below expectations for the last two months<br \/>\n\u2022\tThat being said, analysts are predicting today\u2019s news to show growth in the US retail sector<br \/>\n\u2022\tIf true, the USD could see moderate gains against the JPY during afternoon trading <\/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 Trading was relatively quiet during the overnight session, as Japanese markets are closed for a bank holiday. That being said, the EUR did give up some of last Friday\u2019s gains against the USD, but still managed to stay above the 1.2200 level. The EUR\/USD is currently trading at 1.2227. Gold and crude oil &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2012\/07\/16\/market-review-16-7-12\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Market Review 16.7.12&#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-30876","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/30876","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=30876"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/30876\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=30876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=30876"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=30876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}