{"id":34611,"date":"2012-12-20T11:20:24","date_gmt":"2012-12-20T16:20:24","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=34611"},"modified":"2012-12-20T11:20:24","modified_gmt":"2012-12-20T16:20:24","slug":"market-review-20-12-12","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2012\/12\/20\/market-review-20-12-12\/","title":{"rendered":"Market Review 20.12.12"},"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>Following the announcement that the Bank of Japan is initiating a new round of monetary easing last night, the USD\/JPY fell slightly more than 40 pips to eventually reach the 84.00 level.  <span id=\"more-17992\"><\/span><\/p>\n<p>News that US budget negotiations are deadlocked once again caused the euro to remain bearish against the US dollar during Asian trading.  The EUR\/USD, currently trading at 1.3220, fell close to 50 pips during evening trading yesterday.  <\/p>\n<p>Risk aversion due to the US budget impasse caused crude oil to reverse some of its recent gains during the overnight session.  The commodity fell some $0.50 a barrel, and is currently trading at $89.55.<\/p>\n<p><strong>Main News for Today<br \/>\n<\/strong><br \/>\nUS Unemployment Claims- 13:30 GMT<br \/>\n\u2022\tForecasted to come in slightly above last week\u2019s figure<br \/>\n\u2022\tIf true, the dollar could take additional losses against its main currency rivals during mid-day trading<\/p>\n<p>US Existing Home Sales- 15:00 GMT<br \/>\n\u2022\tForecasted to come in at 4.88M, which if true, would be a significant improvement over last month\u2019s figure of 4.79M<br \/>\n\u2022\tA better than expected figure could lead to gains for the dollar and crude oil during afternoon trading<\/p>\n<p>US Philly Fed Manufacturing Index- 15:00 GMT<br \/>\n\u2022\tForecasted to come in at -2.2, which if true, would be a significant improvement over last month\u2019s figure of -10.7<br \/>\n\u2022\tA positive manufacturing figure is likely to boost the dollar during 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&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 Following the announcement that the Bank of Japan is initiating a new round of monetary easing last night, the USD\/JPY fell slightly more than 40 pips to eventually reach the 84.00 level. News that US budget negotiations are deadlocked once again caused the euro to remain bearish against the US dollar during Asian &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2012\/12\/20\/market-review-20-12-12\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Market Review 20.12.12&#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-34611","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/34611","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=34611"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/34611\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=34611"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=34611"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=34611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}