{"id":34745,"date":"2012-12-27T09:14:22","date_gmt":"2012-12-27T14:14:22","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=34745"},"modified":"2012-12-27T09:14:22","modified_gmt":"2012-12-27T14:14:22","slug":"market-review-27-12-12","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2012\/12\/27\/market-review-27-12-12\/","title":{"rendered":"Market Review 27.12.12"},"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>The yen extended its bearish trend during overnight trading last night, amid speculations that the Bank of Japan will initiate new monetary easing steps in the near future. <span id=\"more-18016\"><\/span> The USD\/JPY hit a more than two-year high while the EUR\/JPY traded at its highest level since July of 2011.<\/p>\n<p>The euro saw additional upward movement against the US dollar during the Asian session, as hopes that US lawmakers will soon reach an agreement to avoid the \u201cfiscal cliff\u201d of tax increases and budget cuts, boosted risk taking.  The EUR\/USD is currently trading at 1.3265.<\/p>\n<p>After gaining more than $2 a barrel yesterday, crude oil was able to advance another $0.40 last night, as speculations of an impending \u201cfiscal cliff\u201d deal led to risk taking among investors.  <\/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 at 365K, slightly higher than last week<br \/>\n\u2022\tA higher than expected figure today could lead to the dollar giving up some of its recent gains against the yen<\/p>\n<p>US CB Consumer Confidence- 15:00 GMT<br \/>\n\u2022\tForecaster to come in at 70.3, significantly lower than last month\u2019s 73.7<br \/>\n\u2022\tA worse than expected figure today could weigh down on the dollar<\/p>\n<p>US New Home Sales- 15:00 GMT<br \/>\n\u2022\tForecasted to come in at 382K, which would represent a substantial increase over last month\u2019s 368K<br \/>\n\u2022\tPositive data could help the dollar recoup some of its recent losses against the euro and CHF<\/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 yen extended its bearish trend during overnight trading last night, amid speculations that the Bank of Japan will initiate new monetary easing steps in the near future. The USD\/JPY hit a more than two-year high while the EUR\/JPY traded at its highest level since July of 2011. The euro saw additional upward &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2012\/12\/27\/market-review-27-12-12\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Market Review 27.12.12&#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-34745","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/34745","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=34745"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/34745\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=34745"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=34745"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=34745"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}