{"id":10061,"date":"2010-06-08T11:43:23","date_gmt":"2010-06-08T15:43:23","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=10061"},"modified":"2010-06-08T11:43:23","modified_gmt":"2010-06-08T15:43:23","slug":"eur-continues-to-fall-hits-all-time-low-against-chf","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/06\/08\/eur-continues-to-fall-hits-all-time-low-against-chf\/","title":{"rendered":"EUR Continues to Fall. Hits All Time Low Against CHF"},"content":{"rendered":"<p><strong><span style=\"text-decoration: underline;\"><strong>Source: <strong><a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\">ForexYard<\/a><\/strong><\/strong><\/span><\/strong><\/p>\n<p>The Euro reversed its early morning gains today, following a less  than stellar opening in the European stock market.  The single European  currency hit an all time low against the Swiss Franc, and is currently  approaching the psychologically significant 1.3800 level.  EUR\/USD  continues to fall, with the pair hovering around a 4-year low. Currently  trading around the 1.1930 level, analysts are forecasting the Euro to  fall further in afternoon trading against the greenback.<\/p>\n<p>Afternoon and evening trading will likely revolve around any news  regarding the latest austerity package to come out of the Euro-zone.   Fresh debt concerns coming out of Hungary and Spain continue to weigh  down on the Euro, and may lead to further losses against the greenback.<\/p>\n<p>In addition, traders will want to pay attention to the Canadian  Housing Starts Report set to be released at 12:15 GMT.  Analysts are  forecasting a slight increase over last month.  If true, the CAD could  see some gains against the USD in evening trading.<\/p>\n<p><strong><em>Forex Market Analysis<\/em> provided by\u00a0<a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\">Forex      Yard.<\/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 Euro reversed its early morning gains today, following a less than stellar opening in the European stock market. The single European currency hit an all time low against the Swiss Franc, and is currently approaching the psychologically significant 1.3800 level. EUR\/USD continues to fall, with the pair hovering around a 4-year low. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2010\/06\/08\/eur-continues-to-fall-hits-all-time-low-against-chf\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;EUR Continues to Fall. Hits All Time Low Against CHF&#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-10061","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/10061","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=10061"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/10061\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=10061"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=10061"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=10061"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}