{"id":30924,"date":"2012-07-17T04:57:46","date_gmt":"2012-07-17T08:57:46","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/2012\/07\/market-review-17-7-12\/"},"modified":"2012-07-17T04:57:46","modified_gmt":"2012-07-17T08:57:46","slug":"market-review-17-7-12","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2012\/07\/17\/market-review-17-7-12\/","title":{"rendered":"Market Review 17.7.12"},"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 was able to extend its recent gains against the US dollar in overnight trading. The EUR\/USD gained close to 50 pips and is currently trading just below the 1.2300 level. Crude oil also saw moderate gains last night.  The commodity reached as high as $89.08 a barrel level before correcting itself and dropping to its current level of $88.75.<\/p>\n<p><span><\/span><strong>Main News for Today<br \/>\n<\/strong><br \/>\nGerman ZEW Economic Sentiment- 09:00 GMT<br \/>\n\u2022\tAnalysts are predicting today\u2019s news to come in at -17.3, which if true, would represent a drop over last month\u2019s figure<br \/>\n\u2022\tShould the news come in below expectations, it may raise fears that the euro-zone crisis is spreading and could cause the EUR to reverse yesterday\u2019s gains<br \/>\nUS Fed Chairman Bernanke Testifies- 14:00 GMT<br \/>\n\u2022\tInvestors are anxiously awaiting this speech to see if the Fed Chairman will hint at a new round of quantitative easing to boost the US economic recovery<br \/>\n\u2022\tIf there is any mention of quantitative easing in the testimony, the dollar could take significant losses in the afternoon session<\/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 was able to extend its recent gains against the US dollar in overnight trading. The EUR\/USD gained close to 50 pips and is currently trading just below the 1.2300 level. Crude oil also saw moderate gains last night. The commodity reached as high as $89.08 a barrel level before correcting itself &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2012\/07\/17\/market-review-17-7-12\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Market Review 17.7.12&#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-30924","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/30924","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=30924"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/30924\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=30924"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=30924"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=30924"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}