{"id":32011,"date":"2012-09-01T10:16:11","date_gmt":"2012-09-01T14:16:11","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/2012\/09\/market-review-31-8-12\/"},"modified":"2012-09-01T10:16:11","modified_gmt":"2012-09-01T14:16:11","slug":"market-review-31-8-12","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2012\/09\/01\/market-review-31-8-12\/","title":{"rendered":"Market Review 31.8.12"},"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 marketplace was relatively quiet during the overnight session, as investors were hesitant to open new positions ahead of an eagerly anticipated speech from Fed Chairman Bernanke today. <span><\/span> The one exception was the Australian dollar, which extended its bearish trend due to a slowdown in China\u2019s economy.  As Australia\u2019s biggest trading partner, economic data out of China tends to have a big impact on the AUD.  The AUD\/USD hit a one-month low at 1.0277 last night before staging a slight upward correction.  The pair is currently trading at the 1.0305 level.<\/p>\n<p><strong>Main News for Today<br \/>\n<\/strong><br \/>\nFed Chairman Bernanke Speaks- 14:00 GMT<br \/>\n\u2022\tInvestors have been eagerly awaiting today\u2019s speech to see if the Fed Chairman will hint at new steps to boost the US economic recovery<br \/>\n\u2022\tIf the Fed Chairman does mention any new steps, including a possible fresh round of quantitative easing, riskier currencies like the euro could see significant gains before markets close for the weekend<\/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 marketplace was relatively quiet during the overnight session, as investors were hesitant to open new positions ahead of an eagerly anticipated speech from Fed Chairman Bernanke today. The one exception was the Australian dollar, which extended its bearish trend due to a slowdown in China\u2019s economy. As Australia\u2019s biggest trading partner, economic &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2012\/09\/01\/market-review-31-8-12\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Market Review 31.8.12&#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-32011","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/32011","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=32011"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/32011\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=32011"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=32011"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=32011"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}