{"id":34095,"date":"2012-12-06T05:03:04","date_gmt":"2012-12-06T10:03:04","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/2012\/12\/market-review-6-12-12\/"},"modified":"2012-12-06T05:03:04","modified_gmt":"2012-12-06T10:03:04","slug":"market-review-6-12-12","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2012\/12\/06\/market-review-6-12-12\/","title":{"rendered":"Market Review 6.12.12"},"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 markets saw relatively little movement during overnight trading last night, as investors were hesitant to open large positions ahead of tomorrow\u2019s all-important US Non-Farm Payrolls report.<span><\/span>  The EUR\/USD fell just over 20 pips, but was quickly able to recoup its losses.  The pair is currently trading at 1.3067.<\/p>\n<p>A better than expected Australian Employment Change figure resulted in the AUD\/USD gaining more than 30 pips to eventually trade as high as 1.0479.  The price of gold fell just over $4 an ounce before finding support at the $1690 level.  Crude oil prices held steady around the $87.75 level throughout the night.  <\/p>\n<p><strong>Main News for Today<br \/>\n<\/strong><br \/>\nEuro-Zone Minimum Bid Rate and ECB Press Conference- 12:30 and 13:15 GMT<br \/>\n\u2022\tThe euro-zone interest rate decision followed by the ECB press conference tend to have a significant impact on the marketplace, as they signal to investors what the current state of the EU economy is<br \/>\n\u2022\tAny signs that the euro-zone economic recovery is slowing down could result in euro losses during afternoon trading today<\/p>\n<p>US Unemployment Claims- 13:30 GMT<br \/>\n\u2022\tThe unemployment claims figure will provide investors with another indicator regarding the state of the US labor sector ahead of tomorrow\u2019s Non-Farm Payrolls report<br \/>\n\u2022\tShould the figure come in below the forecasted 378K, the dollar could receive a boost against the Japanese yen<\/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 markets saw relatively little movement during overnight trading last night, as investors were hesitant to open large positions ahead of tomorrow\u2019s all-important US Non-Farm Payrolls report. The EUR\/USD fell just over 20 pips, but was quickly able to recoup its losses. The pair is currently trading at 1.3067. A better than expected &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2012\/12\/06\/market-review-6-12-12\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Market Review 6.12.12&#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-34095","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/34095","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=34095"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/34095\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=34095"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=34095"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=34095"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}