{"id":32616,"date":"2012-09-27T05:53:15","date_gmt":"2012-09-27T09:53:15","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/2012\/09\/market-review-27-9-12\/"},"modified":"2012-09-27T05:53:15","modified_gmt":"2012-09-27T09:53:15","slug":"market-review-27-9-12","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2012\/09\/27\/market-review-27-9-12\/","title":{"rendered":"Market Review 27.9.12"},"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 saw very minor upward movement during the first half of Asian trading and eventually gained close to 30 pips to trade as high as 1.2899.  That being said, the common currency was not able to sustain its bullish movement, and quickly reversed virtually all of its gains.  <span><\/span>The EUR\/USD is currently trading at 1.2870, not far from a recent two-week low of 1.2834.  Crude oil was able to largely maintain its gains from yesterday, after a lower than expected US inventories report signaled an increase in demand in the world\u2019s largest oil consuming country.  The commodity is currently trading at $90.10, up over a dollar from yesterday afternoon.<\/p>\n<p><strong>Main News for Today<\/strong><\/p>\n<p>Italian 10-Year Bond Auction<br \/>\n\u2022\tFears of rising borrowing costs in the euro-zone have led to risk aversion in the marketplace this week<br \/>\n\u2022\tAny indication that Italian borrowing costs have gone up may lead to additional euro losses today<\/p>\n<p>US Core Durable Goods Orders- 12:30 GMT<br \/>\n\u2022\tThe indicator is forecasted to come in significantly higher than last month\u2019s<br \/>\n\u2022\tIf the final result comes in above the forecasted 0.2%, the USD could see gains against its main currency rivals<\/p>\n<p>US Unemployment Claims- 12:30 GMT<br \/>\n\u2022\tForecasted to come in slightly below last week\u2019s figure<br \/>\n\u2022\tAnything below the expected 378K could help the US dollar in afternoon trading<\/p>\n<p>US Pending Home Sales- 14:00 GMT<br \/>\n\u2022\tForecasted to come in at -0.4%, significantly below last month\u2019s 2.4%<br \/>\n\u2022\tAny worse than expected news could weigh down on the US dollar vs. the JPY<\/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 saw very minor upward movement during the first half of Asian trading and eventually gained close to 30 pips to trade as high as 1.2899. That being said, the common currency was not able to sustain its bullish movement, and quickly reversed virtually all of its gains. The EUR\/USD is currently &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2012\/09\/27\/market-review-27-9-12\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Market Review 27.9.12&#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-32616","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/32616","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=32616"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/32616\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=32616"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=32616"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=32616"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}