{"id":32465,"date":"2012-09-20T05:29:32","date_gmt":"2012-09-20T09:29:32","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/2012\/09\/market-review-20-9-12\/"},"modified":"2012-09-20T05:29:32","modified_gmt":"2012-09-20T09:29:32","slug":"market-review-20-9-12","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2012\/09\/20\/market-review-20-9-12\/","title":{"rendered":"Market Review 20.9.12"},"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>Investors reverted to safe-haven assets in overnight trading following a disappointing Chinese manufacturing indicator which led to risk aversion in the marketplace.<span><\/span>  The EUR\/USD fell more than 80 pips to reach its current level of 1.2966, while the AUD\/USD fell close to 100 pips to trade as low as 1.0365.  A significantly higher than predicted US Crude Oil Inventories figure yesterday resulted in speculations among investors that demand in America has gone down, and resulted in the price of crude tumbling.  Crude is down well over $3 a barrel since yesterday afternoon and is currently trading at the $91.50 level.<\/p>\n<p><strong>Main News for Today<br \/>\n<\/strong><br \/>\nSpanish 10-Year Bond Auction<br \/>\n\u2022\tSpain is widely expected to seek a bailout from the ECB in the near future<br \/>\n\u2022\tIf today\u2019s bond auction shows decreased demand for Spanish debt, it may be a sign that the bailout request will come sooner rather than later, and could result in the EUR taking further losses<\/p>\n<p>US Unemployment Claims-12:30<br \/>\n\u2022\tUnemployment claims are forecasted to come in at 374K, slightly below last week\u2019s figure<br \/>\n\u2022\tIf today\u2019s news comes in below 374K, the dollar could extend its gains against the EUR and AUD<\/p>\n<p>US Philly Fed Manufacturing Index-14:00<br \/>\n\u2022\tThe manufacturing indicator has come in below the expected level for the last five months<br \/>\n\u2022\tIf today\u2019s news once again disappoints, the dollar could take losses against the yen <\/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 Investors reverted to safe-haven assets in overnight trading following a disappointing Chinese manufacturing indicator which led to risk aversion in the marketplace. The EUR\/USD fell more than 80 pips to reach its current level of 1.2966, while the AUD\/USD fell close to 100 pips to trade as low as 1.0365. A significantly higher &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2012\/09\/20\/market-review-20-9-12\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Market Review 20.9.12&#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-32465","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/32465","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=32465"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/32465\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=32465"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=32465"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=32465"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}