{"id":32740,"date":"2012-10-04T04:55:50","date_gmt":"2012-10-04T08:55:50","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/2012\/10\/market-review-4-10-12\/"},"modified":"2012-10-04T04:55:50","modified_gmt":"2012-10-04T08:55:50","slug":"market-review-4-10-12","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2012\/10\/04\/market-review-4-10-12\/","title":{"rendered":"Market Review 4.10.12"},"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 US dollar remained close to a two-week high against the Japanese yen during the overnight session, as confidence in the US economic recovery remained high<span><\/span> following better than expected American economic indicators released yesterday.  The euro saw mild gains against the USD last night, as risk appetite remained high among investors.  The EUR\/USD advanced close to 40 pips to trade as high as 1.2953.  After tumbling close to $4 a barrel yesterday, the price of crude oil remained relatively stable at around $88.20 for most of Asian trading.  <\/p>\n<p><strong>Main News for Today<\/strong><\/p>\n<p>EU Minimum Bid Rate\/ECB Press Conference- 11:45 and 12:30 GMT<br \/>\n\u2022\tMost analysts expect the ECB to leave euro-zone interest rates unchanged at 0.75%<br \/>\n\u2022\tInvestors will be closely watching the press conference for clues as to the current state of the EU economic recovery<br \/>\n\u2022\tIf the ECB voices any kind of negative sentiment regarding the EU\u2019s current economic situation, the EUR\/USD could move downward<\/p>\n<p>US Unemployment Claims- 12:30 GMT<br \/>\n\u2022\tThis week\u2019s unemployment claims figure is expected  to come in at 371K, slightly higher than last week\u2019s figure<br \/>\n\u2022\tIf the indicator comes in above the forecasted level, the dollar could turn bearish against the JPY<\/p>\n<p>US FOMC Meeting Minutes- 18:00 GMT<br \/>\n\u2022\tInvestors will be closely watching the meeting minutes to get a better sense of the current state of the US economic recovery<br \/>\n\u2022\tAny negative outlook from the FOMC may weigh down on the USD during evening trading<\/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 US dollar remained close to a two-week high against the Japanese yen during the overnight session, as confidence in the US economic recovery remained high following better than expected American economic indicators released yesterday. The euro saw mild gains against the USD last night, as risk appetite remained high among investors. The &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2012\/10\/04\/market-review-4-10-12\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Market Review 4.10.12&#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-32740","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/32740","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=32740"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/32740\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=32740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=32740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=32740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}