{"id":31477,"date":"2012-08-08T09:55:28","date_gmt":"2012-08-08T09:55:28","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/2012\/08\/market-review-8-8-12\/"},"modified":"2012-08-08T09:55:28","modified_gmt":"2012-08-08T09:55:28","slug":"market-review-8-8-12","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2012\/08\/08\/market-review-8-8-12\/","title":{"rendered":"Market Review 8.8.12"},"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 took slight losses in overnight trading against the US dollar, but remained near a one-month high reached earlier in the week.  After hitting a four-month high at 1.0602 against the USD yesterday, the aussie also slipped last night and is currently trading at 1.0560.  With the economic calendar particularly light this week, analysts are forecasting riskier currencies to remain close to their current levels, as there are still expectations that the ECB will announce plans to lower borrowing costs in Spain and Italy.  <\/p>\n<p><span><\/span><strong>Main News for Today<\/strong><\/p>\n<p>German 10-Year Bond Auction<br \/>\n\u2022\tShould demand for German bonds remain high, riskier currencies like the euro could extend their recent bullish trend during the afternoon session<\/p>\n<p>US Crude Oil Inventories- 14:30 GMT<br \/>\n\u2022\tLast week, crude oil received a significant boost after the inventories figure signaled an increase in demand in the US<br \/>\n\u2022\tIf today\u2019s news comes in below the forecasted -0.6M, oil could see gains 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 The euro took slight losses in overnight trading against the US dollar, but remained near a one-month high reached earlier in the week. After hitting a four-month high at 1.0602 against the USD yesterday, the aussie also slipped last night and is currently trading at 1.0560. With the economic calendar particularly light this &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2012\/08\/08\/market-review-8-8-12\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Market Review 8.8.12&#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-31477","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/31477","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=31477"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/31477\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=31477"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=31477"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=31477"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}