{"id":32874,"date":"2012-10-10T05:23:49","date_gmt":"2012-10-10T09:23:49","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/2012\/10\/market-review-10-10-12\/"},"modified":"2012-10-10T05:23:49","modified_gmt":"2012-10-10T09:23:49","slug":"market-review-10-10-12","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2012\/10\/10\/market-review-10-10-12\/","title":{"rendered":"Market Review 10.10.12"},"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 EUR\/USD fell to a 10-day low during overnight trading, as investor concerns regarding Spanish and Greek debt led to an increase in risk aversion. <span><\/span> After hitting the 1.2834 level, the pair was able to stage a slight upward correction to reach its current level of 1.2865.  Commodities and precious metals also took minor losses during Asian trading.  The price of gold fell close to $5 an ounce to trade as low as $1760 before bouncing back to its current level of $1763.  Meanwhile, crude oil lost about $0.55 a barrel to reach $91.68 before reversing to its current level of $92.20.  <\/p>\n<p><strong>Main News for Today<\/strong><\/p>\n<p>US Beige Book- 18:00 GMT<br \/>\n\u2022\tThe Beige Book is an analysis the FOMC uses to make a decision regarding interest rates<br \/>\n\u2022\tShould the Beige Book signal any improvements in the US economy, investors may shift their funds to riskier assets, which could help the euro recover some of its recent losses<\/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 EUR\/USD fell to a 10-day low during overnight trading, as investor concerns regarding Spanish and Greek debt led to an increase in risk aversion. After hitting the 1.2834 level, the pair was able to stage a slight upward correction to reach its current level of 1.2865. Commodities and precious metals also took &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2012\/10\/10\/market-review-10-10-12\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Market Review 10.10.12&#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-32874","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/32874","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=32874"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/32874\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=32874"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=32874"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=32874"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}