{"id":35209,"date":"2013-01-10T09:22:46","date_gmt":"2013-01-10T14:22:46","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=35209"},"modified":"2013-01-10T09:22:47","modified_gmt":"2013-01-10T14:22:47","slug":"market-review-10-01-2013","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2013\/01\/10\/market-review-10-01-2013\/","title":{"rendered":"Market Review 10.01.2013"},"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 AUD\/USD advanced more than 70 pips during overnight trading, following the release of a better than expected Chinese trade balance figure.<span id=\"more-18053\"><\/span>  China is Australia\u2019s biggest trading partner, and positive news out of China typically benefits the aussie.<\/p>\n<p>Expectations that the Bank of Japan will initiate additional monetary easing, possible as soon as next week, caused the USD\/JPY to extend its bullish trend.  The pair is currently trading at 88.15, slightly below a recent 2 \u00bd year high.<\/p>\n<p>Crude oil prices gained more than $0.70 a barrel last night, as the positive Chinese news led to speculations that demand for oil in that country will go up in the near future.  The commodity is currently trading at $93.69.<\/p>\n<p><strong>Main News for Today<br \/>\n<\/strong><br \/>\nEU Minimum Bid Rate\/ECB Press Conference- 12:45\/13:30 GMT<br \/>\n\u2022\tIf the European Central Bank decides to lower euro-zone interest rates today, the euro is likely to take heavy losses during mid-day trading<br \/>\n\u2022\tFurthermore, if the ECB signals at today\u2019s press conference that the euro-zone has fallen deeper into recession, risk aversion is likely to weigh down on the euro<\/p>\n<p>US Unemployment Claims- 13:30 GMT<br \/>\n\u2022\tThe unemployment claims figure is forecasted to come in at 361K, slightly below last week\u2019s 372K<br \/>\n\u2022\tA lower than expected figure today may be taken as a sign of further improvements in the US labor sector, which could benefit the US 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 The AUD\/USD advanced more than 70 pips during overnight trading, following the release of a better than expected Chinese trade balance figure. China is Australia\u2019s biggest trading partner, and positive news out of China typically benefits the aussie. Expectations that the Bank of Japan will initiate additional monetary easing, possible as soon as &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2013\/01\/10\/market-review-10-01-2013\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Market Review 10.01.2013&#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-35209","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/35209","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=35209"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/35209\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=35209"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=35209"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=35209"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}