{"id":31321,"date":"2012-08-01T08:26:25","date_gmt":"2012-08-01T08:26:25","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/2012\/08\/market-review-1-8-12\/"},"modified":"2012-08-01T08:26:25","modified_gmt":"2012-08-01T08:26:25","slug":"market-review-1-8-12","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2012\/08\/01\/market-review-1-8-12\/","title":{"rendered":"Market Review 1.8.12"},"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 stable against its main currency rivals during overnight trading, as investors remained eager to see what, if any, steps the ECB is planning to take to boost growth in the euro-zone when they meet on Thursday.  Crude oil fell as low as $87.49 last night, down close to $3 a barrel from yesterday afternoon, amid fears that the US Federal Reserve will not initiate a new round of quantitative easing to boost the US economy.  The commodity has since staged a mild recovery and is currently trading just below the $88.20 level.<\/p>\n<p><span><\/span><strong>Main News for Today<\/strong><\/p>\n<p>ADP Non-Farm Employment Change- 12:15 GMT<br \/>\n\u2022\tThe ADP figure is considered an accurate predictor of Friday\u2019s all important Non-Farm Payrolls figure<br \/>\n\u2022\tShould the news come in above the expected 121K, the USD could rally during mid-day trading<\/p>\n<p>US Crude Oil Inventories- 14:30 GMT<br \/>\n\u2022\tAnalysts are predicting that US crude stockpiles fell be 1.5M last week<br \/>\n\u2022\tIf true, investors may take it as a sign of increased demand in the US, which could boost the price of crude as a result<\/p>\n<p>FOMC Statement- 18:15 GMT<br \/>\n\u2022\tInvestors will be closely watching the FOMC Statement to see if the Fed will unveil any new plans to boost the US economy<br \/>\n\u2022\tAny mention of a new round of quantitative easing could lead to risk taking in the marketplace, which would in turn lead to losses for the USD<\/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 stable against its main currency rivals during overnight trading, as investors remained eager to see what, if any, steps the ECB is planning to take to boost growth in the euro-zone when they meet on Thursday. Crude oil fell as low as $87.49 last night, down close to $3 a &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2012\/08\/01\/market-review-1-8-12\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Market Review 1.8.12&#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-31321","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/31321","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=31321"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/31321\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=31321"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=31321"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=31321"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}