{"id":33128,"date":"2012-10-25T05:24:56","date_gmt":"2012-10-25T09:24:56","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/2012\/10\/market-review-25-10-12\/"},"modified":"2012-10-25T05:24:56","modified_gmt":"2012-10-25T09:24:56","slug":"market-review-25-10-12","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2012\/10\/25\/market-review-25-10-12\/","title":{"rendered":"Market Review 25.10.12"},"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 hit a four-month high against the JPY during the overnight session<span><\/span>, as investors remained convinced that the Bank of Japan will soon announce a new round of monetary easing to help the Japanese export industry.  <\/p>\n<p>The euro was able to recover some of its recent losses against the dollar last night, as expectations that the Greece will be given more time to implement economic reforms boosted risk appetite.  The EUR\/USD, which is once again trading above the psychologically significant 1.3000 level, gained more than 50 pips during Asian trading.  <\/p>\n<p>After falling by close to $2 a barrel yesterday due to a significantly higher than expected US inventories report, crude oil was able to gain close to $0.70 during the Asian session and is currently trading at $86.50.<\/p>\n<p><strong>Main News for Today<\/strong><\/p>\n<p>US Core Durable Goods Orders- 12:30 GMT<br \/>\n\u2022\tCore durable goods orders are forecasted to come in at 0.8%, significantly higher than last month\u2019s -1.6%<br \/>\n\u2022\tAny better than expected news could boost the USD\/JPY during mid-day trading<\/p>\n<p>US Unemployment Claims- 12:30 GMT<br \/>\n\u2022\tFigure is expected to come in at 371K, which would represent an improvement over last week\u2019s 388K<br \/>\n\u2022\tShould the figure come in below 371K, risk appetite may increase which could boost higher yielding commodities like gold and crude oil<\/p>\n<p>US Pending Home Sales- 14:00 GMT<br \/>\n\u2022\tPending home sales are expected to have increased to 2.3% last month<br \/>\n\u2022\tIf true, it would represent a substantial improvement in the US housing market, which could boost the USD in afternoon 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 hit a four-month high against the JPY during the overnight session, as investors remained convinced that the Bank of Japan will soon announce a new round of monetary easing to help the Japanese export industry. The euro was able to recover some of its recent losses against the dollar last &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2012\/10\/25\/market-review-25-10-12\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Market Review 25.10.12&#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-33128","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/33128","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=33128"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/33128\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=33128"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=33128"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=33128"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}