{"id":10364,"date":"2010-06-18T08:30:02","date_gmt":"2010-06-18T12:30:02","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=10364"},"modified":"2010-06-18T08:30:02","modified_gmt":"2010-06-18T12:30:02","slug":"euro-continues-to-gain-on-usd-as-spanish-concerns-ease","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/06\/18\/euro-continues-to-gain-on-usd-as-spanish-concerns-ease\/","title":{"rendered":"Euro Continues to Gain on USD As Spanish Concerns Ease"},"content":{"rendered":"<p><strong>By <strong><\/strong><\/strong><strong><strong><a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\">Forex             Yard<\/a> <\/strong>&#8211; <\/strong>EUR\/USD has been hovering around the 1.2400 level throughout today&#8217;s  trading session, a 3-week high for the pair.  A series of U.S. economic  indicators that came in below expectations, as well as fresh signs that  Spanish deficits are not as bad as originally thought, were largely  responsible for the Euro&#8217;s gains.  Meanwhile the greenback has fallen  against most of its major currency rivals, including the British Pound  and Yen.  USD\/JPY has fallen almost 40 pips since last night.<\/p>\n<p>Traders can expect a slow second half of the day as we close out the  week.  With no significant news events scheduled today, low volatility  is expected in the marketplace.  Traders should watch out, as  unpredictable price movements sometimes occur in these situations.   USD\/CAD may prove to be particularly vulnerable to these price movements  as minor Canadian news is scheduled for 12:30 GMT.<\/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>EUR\/USD has been hovering around the 1.2400 level throughout today&#8217;s trading session, a 3-week high for the pair. A series of U.S. economic indicators that came in below expectations&#8230;<\/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-10364","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/10364","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=10364"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/10364\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=10364"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=10364"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=10364"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}