{"id":32147,"date":"2012-09-07T04:30:12","date_gmt":"2012-09-07T08:30:12","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/2012\/09\/market-review-7-9-12\/"},"modified":"2012-09-07T04:30:12","modified_gmt":"2012-09-07T08:30:12","slug":"market-review-7-9-12","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2012\/09\/07\/market-review-7-9-12\/","title":{"rendered":"Market Review 7.9.12"},"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>The euro hovered near a two-month high against the USD for much of last night, following the announcement of the ECB\u2019s new bond buying program, designed to lower borrowing costs in Spain and Italy.<span><\/span>  Also, the USD was able to maintain its gains against the JPY after the ECB news, combined with a better than expected US ADP Non-Farm Employment Change led to risk taking in the marketplace.  The higher demand for the dollar resulted in downward movement for gold.  The precious metal fell close to $12 an ounce last night and is currently trading at the $1692 level.<\/p>\n<p><strong>Main News for Today<br \/>\n<\/strong><br \/>\nUS Non-Farm Payrolls\/Unemployment Rate- 12:30 GMT<br \/>\n\u2022\tThe news is considered the most important event on the forex calendar and its impact is generally felt throughout the marketplace<br \/>\n\u2022\tIf the Non-Farm figure comes in above the expected 123K, the dollar may see gains against its main currency rivals including the euro, yen, Swiss franc and British pound<br \/>\n\u2022\tIf the dollar turns bullish following the news, crude oil may also see gains while gold could extend its downward trend<\/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 hovered near a two-month high against the USD for much of last night, following the announcement of the ECB\u2019s new bond buying program, designed to lower borrowing costs in Spain and Italy. Also, the USD was able to maintain its gains against the JPY after the ECB news, combined with a &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2012\/09\/07\/market-review-7-9-12\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Market Review 7.9.12&#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-32147","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/32147","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=32147"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/32147\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=32147"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=32147"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=32147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}