{"id":31152,"date":"2012-07-26T04:50:05","date_gmt":"2012-07-26T08:50:05","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/2012\/07\/market-review-26-7-12\/"},"modified":"2012-07-26T04:50:05","modified_gmt":"2012-07-26T08:50:05","slug":"market-review-26-7-12","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2012\/07\/26\/market-review-26-7-12\/","title":{"rendered":"Market Review 26.7.12"},"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 saw gains in overnight trading following positive comments from an official at the European Central Bank.  That being said, most analysts said that any bullish movement by the common-currency is likely to be temporary, as rising Spanish bond yields continue to weigh down on the euro-zone economic recovery.  Gold was able to extend yesterday\u2019s bullish trend, and is still trading well above the psychologically significant $1600 an ounce level.<\/p>\n<p><span><\/span><strong>Main News for Today<\/strong><\/p>\n<p>US Core Durable Goods Orders- 12:30 GMT<br \/>\n\u2022\tForecasted to come in at 0.1%, well below last month\u2019s 0.7%<br \/>\n\u2022\tIf true, the dollar could extend its recent losses against the JPY<\/p>\n<p>US Unemployment Claims- 12:30 GMT<br \/>\n\u2022\tLast week\u2019s unemployment claims came in significantly higher than expected, resulting in dollar losses<br \/>\n\u2022\tIf today\u2019s news comes in above the expected 381K, the dollar could see losses against its main rivals<\/p>\n<p>US Pending Home Sales- 14:00 GMT<br \/>\n\u2022\tForecasted to come in at 0.6% ,  well below last month\u2019s 5.9%<br \/>\n\u2022\tIf true, investors may take the news as a sign that the US economic recovery is slowing down, and could result in additional dollar losses in 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 The euro saw gains in overnight trading following positive comments from an official at the European Central Bank. That being said, most analysts said that any bullish movement by the common-currency is likely to be temporary, as rising Spanish bond yields continue to weigh down on the euro-zone economic recovery. Gold was able &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2012\/07\/26\/market-review-26-7-12\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Market Review 26.7.12&#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-31152","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/31152","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=31152"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/31152\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=31152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=31152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=31152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}