{"id":33300,"date":"2012-11-05T04:16:48","date_gmt":"2012-11-05T09:16:48","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/2012\/11\/market-review-5-11-12\/"},"modified":"2012-11-05T04:16:48","modified_gmt":"2012-11-05T09:16:48","slug":"market-review-5-11-12","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2012\/11\/05\/market-review-5-11-12\/","title":{"rendered":"Market Review 5.11.12"},"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 USD\/JPY remained within reach of its highest point since late April during the overnight session, as positive US employment data continued to boost confidence in the American economic recovery.  <span><\/span>That being said, uncertainty regarding the outcome of tomorrow\u2019s presidential election limited any gains.<\/p>\n<p>The euro extended its bearish run throughout overnight and early morning trading, as concerns regarding Greece\u2019s ability to secure another round of bailout funds have weighed down on the common currency.  The EUR\/USD, currently trading at 1.2790, is at its lowest point in close to two-months.  <\/p>\n<p>After a brief upward correction during the Asian session, gold once again began falling and is now trading around the $1677 an ounce level, its lowest point since early September.<\/p>\n<p><strong>Main News for Today<br \/>\n<\/strong><br \/>\nUK Services PMI- 09:30 GMT<br \/>\n\u2022\tThe indicator is forecasted to come in at 52.0, slightly below last month\u2019s figure of 52.2<br \/>\n\u2022\tAny worse than expected news could push the GBP\/USD, already close to a two-week low, lower during mid-day trading<\/p>\n<p>US ISM Non-Manufacturing PMI- 15:00 GMT<br \/>\n\u2022\tThe indicator is forecasted to come in at 54.6, slightly below last month\u2019s figure of 55.1<br \/>\n\u2022\tShould the indicator come in above the expected level, the dollar could extend its recent bullish trend against the euro, JPY and CHF<\/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 USD\/JPY remained within reach of its highest point since late April during the overnight session, as positive US employment data continued to boost confidence in the American economic recovery. That being said, uncertainty regarding the outcome of tomorrow\u2019s presidential election limited any gains. The euro extended its bearish run throughout overnight and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2012\/11\/05\/market-review-5-11-12\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Market Review 5.11.12&#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-33300","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/33300","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=33300"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/33300\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=33300"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=33300"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=33300"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}