{"id":33790,"date":"2012-11-28T05:38:17","date_gmt":"2012-11-28T10:38:17","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/2012\/11\/market-review-28-11-12\/"},"modified":"2012-11-28T05:38:17","modified_gmt":"2012-11-28T10:38:17","slug":"market-review-28-11-12","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2012\/11\/28\/market-review-28-11-12\/","title":{"rendered":"Market Review 28.11.12"},"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 Japanese yen posted gains vs. both the US dollar and euro during overnight trading, as concerns regarding the upcoming US \u201cfiscal cliff\u201d<span><\/span>, a batch of automatic tax increases and spending cuts set to take place at the beginning of the year, led to risk aversion in the marketplace.  Negotiations to come up with a way to avoid the \u201cfiscal cliff\u201d between US Congressional leaders appear to have made little progress.<\/p>\n<p>Fears that the \u201cfiscal cliff\u201d could send the US back into recession also weighed down on the price of gold, which fell more than $3 an ounce last night.  Crude oil fell just over $0.40 a barrel amid signs that demand in the US is slowing down.<\/p>\n<p><strong>Main News for Today<br \/>\n<\/strong><br \/>\nUS New Home Sales- 15:00 GMT<br \/>\n\u2022\tToday\u2019s figure is forecasted to come in at 387K, slightly lower than last month\u2019s<br \/>\n\u2022\tAny worse than expected news could lead to additional dollar losses against the yen<\/p>\n<p>US Crude Oil Inventories- 15:30 GMT<br \/>\n\u2022\tUS inventories are forecasted to have gone up by 0.5M barrels last week<br \/>\n\u2022\tA higher than expected figure today would signal decreased demand in the US, which would weigh down on oil prices 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 Japanese yen posted gains vs. both the US dollar and euro during overnight trading, as concerns regarding the upcoming US \u201cfiscal cliff\u201d, a batch of automatic tax increases and spending cuts set to take place at the beginning of the year, led to risk aversion in the marketplace. Negotiations to come up &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2012\/11\/28\/market-review-28-11-12\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Market Review 28.11.12&#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-33790","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/33790","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=33790"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/33790\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=33790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=33790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=33790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}