{"id":34283,"date":"2012-12-12T12:00:12","date_gmt":"2012-12-12T17:00:12","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=34283"},"modified":"2012-12-12T12:00:12","modified_gmt":"2012-12-12T17:00:12","slug":"market-review-12-12-2012","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2012\/12\/12\/market-review-12-12-2012\/","title":{"rendered":"Market Review 12.12.2012"},"content":{"rendered":"<p>Source: <a href=\"http:\/\/www.forexyard.com\/landsys\/general_static\/en\/?pid=545&amp;mid=888&amp;cid=15844&amp;zid=15873\" target=\"_blank\"><u>ForexYard<\/u><\/a> <\/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 remained largely bearish during overnight trading, amid expectations that the Fed will announce a new round of monetary stimulus today. <span id=\"more-17942\"><\/span> The EUR\/USD, currently trading above the psychologically significant 1.3000 level, has gained more than 70 pips in the last 24 hours.<\/p>\n<p>The price of gold was able to capitalize on the dollar\u2019s bearish movement last night to gain close to $6 an ounce.  The precious metal is currently trading just below the $1715 level.  Crude oil advanced slightly higher than $0.30 a barrel during the Asian session and is currently trading at $86.10 level.  <\/p>\n<p><strong>Main News for Today<br \/>\n<\/strong><br \/>\nUS Crude Oil Inventories- 15:30 GMT<br \/>\n\u2022\tForecasted to come in at -2.6M, slightly below last week\u2019s reading of -2.4M<br \/>\n\u2022\tA lower than expected figure today would be a sign of increased demand in the US, which could result in gains for oil prices<\/p>\n<p>US FOMC Statement- 17:30 GMT<br \/>\n\u2022\tAnalysts are forecasting the FOMC to announce an expansion of the current US monetary easing program<br \/>\n\u2022\t If such an announcement takes place, the USD could extend its bearish trend during evening 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&amp;mid=888&amp;cid=15844&amp;zid=15873\" target=\"_blank\"><u>Forex Market Analysis provided by ForexYard.<\/u><\/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 remained largely bearish during overnight trading, amid expectations that the Fed will announce a new round of monetary stimulus today. The EUR\/USD, currently trading above the psychologically significant 1.3000 level, has gained more than 70 pips in the last 24 hours. The price of gold was able to capitalize on &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2012\/12\/12\/market-review-12-12-2012\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Market Review 12.12.2012&#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-34283","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/34283","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=34283"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/34283\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=34283"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=34283"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=34283"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}