{"id":10752,"date":"2010-07-02T07:39:22","date_gmt":"2010-07-02T11:39:22","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=10752"},"modified":"2010-07-02T07:39:22","modified_gmt":"2010-07-02T11:39:22","slug":"usdjpy-up-ahead-of-non-farms-report","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/07\/02\/usdjpy-up-ahead-of-non-farms-report\/","title":{"rendered":"USD\/JPY Up Ahead of Non-Farms Report"},"content":{"rendered":"<p><span style=\"text-decoration: underline;\"><strong><strong>Source: <strong><strong><strong><strong><a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\">ForexYard<\/a><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/span><\/p>\n<p>The U.S. dollar made some fairly significant gains against its  Japanese counterpart in trading today, after the pair fell to a 7-month  low last night.  Investors began selling off the yen after some early  morning gains in the Tokyo stock market induced some modest risk taking.   Coinciding with the dollar&#8217;s gains, gold prices also began to go up  following yesterday&#8217;s steep drop. Gold fell well over 3000 pips  yesterday following a series of particularly disappointing U.S. news  events.<\/p>\n<p>Traders should be weary of any gains being made by the dollar at the  moment.  Any risk taking among investors will likely be tempered ahead  of the all-important U.S. Non-Farm Employment Change report at 12:30  GMT.  This report always creates volatility and presents traders with an  excellent opportunity to make quick profits.  Analysts are forecasting  negative job growth this month in the U.S.  If true, downward pressure  on the dollar will likely occur. Gains for the yen and possibly the euro  would also likely occur.<\/p>\n<p><strong><em>Forex Market Analysis<\/em> provided by <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>Traders should be weary of any gains being made by the dollar at the moment. Any risk taking among investors will likely be tempered ahead of the all-important U.S. Non-Farm Employment Change report&#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-10752","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/10752","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=10752"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/10752\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=10752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=10752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=10752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}