{"id":32121,"date":"2012-09-06T05:05:56","date_gmt":"2012-09-06T09:05:56","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/2012\/09\/market-review-6-9-12\/"},"modified":"2012-09-06T05:05:56","modified_gmt":"2012-09-06T09:05:56","slug":"market-review-6-9-12","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2012\/09\/06\/market-review-6-9-12\/","title":{"rendered":"Market Review 6.9.12"},"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>Following the release of details regarding the ECB\u2019s plan to lower borrowing costs in Spain and Italy yesterday, the euro was able to extend its gains against most of its main currency rivals during overnight trading.<span><\/span>  The euro-zone news led to risk taking in the marketplace and boosted other higher yielding assets, including gold.  Gold was able to break above the $1700 an ounce level last night, and is currently at its highest level since March 12th of this year.<\/p>\n<p><strong>Main News for Today<\/strong><\/p>\n<p>US ADP Non-Farm Employment Change- 12:15 GMT<br \/>\n\u2022\tThe figure is considered an accurate predictor of tomorrow\u2019s all-important Non-Farm Payrolls figure<br \/>\n\u2022\tIf today\u2019s news comes in above the forecasted 142K, the dollar could see gains during afternoon trading<\/p>\n<p>ECB Press Conference- 12:30 GMT<br \/>\n\u2022\tThe euro received a significant boost yesterday after details of the ECB\u2019s plan to boost euro-zone growth were announced yesterday<br \/>\n\u2022\tIf additional details are given today, the euro could extend its recent gains<\/p>\n<p>US ISM Non-Manufacturing PMI- 14:00 GMT<br \/>\n\u2022\tIf the PMI comes in below the forecasted 52.5, it may lead to an increase in speculations that the Fed will initiate a new round of quantitative easing in the near future, which could weigh down on the dollar <\/p>\n<p>US Crude Oil Inventories- 15:00 GMT<br \/>\n\u2022\tThe inventories figure is forecasted to come in at -4.9B, which if true, may signal to investors that demand in the US has gone up, which could lead to gains for crude oil<\/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 Following the release of details regarding the ECB\u2019s plan to lower borrowing costs in Spain and Italy yesterday, the euro was able to extend its gains against most of its main currency rivals during overnight trading. The euro-zone news led to risk taking in the marketplace and boosted other higher yielding assets, including &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2012\/09\/06\/market-review-6-9-12\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Market Review 6.9.12&#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-32121","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/32121","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=32121"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/32121\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=32121"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=32121"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=32121"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}