{"id":11350,"date":"2010-07-26T08:05:12","date_gmt":"2010-07-26T12:05:12","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=11350"},"modified":"2010-07-26T08:05:12","modified_gmt":"2010-07-26T12:05:12","slug":"euro-zone-bank-stress-tests-fail-to-support-the-euro","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/07\/26\/euro-zone-bank-stress-tests-fail-to-support-the-euro\/","title":{"rendered":"Euro-Zone Bank Stress Tests Fail To Support the Euro"},"content":{"rendered":"<p><strong>By Yan Petters<\/strong> &#8211; Last week\u2019s trading session ended with the publications of the  Euro-Zone Bank Stress Tests results. The results were considered to be  positive as they showed that most of the major banks within the  Euro-Zone are able to sustain another economic turmoil.<\/p>\n<p>The expected to reaction to this  publication should have been a stronger Euro; however the Euro wasn\u2019t  supported as a result. The main reason that the Euro wasn\u2019t boosted is  the questionable methodology of the tests. Many analysts claim that the  tests weren\u2019t strict enough, and that they fail to represent the real  situation of the major banks. The main question regarding the results is  how it can be that banks from Greece and Portugal, who are known to  have unusual difficulties, managed to pass the tests?<\/p>\n<p>The discussion regarding the results of the stress tests results are  likely to proceed during the next few days, and will probably have a  large affect on the market. Traders are advised to remain updated on  this issue.<\/p>\n<p>Today\u2019s leading publication will be the U.S. New Home Sales which is  expected at 14:00 GMT. This report measured the number of new  single-family homes that were sold during June. If the end result will  beat expectations for 317,000 new homes, the Dollar is likely to be  supported.<\/p>\n<p><span style=\"text-decoration: underline;\"><em><a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\"><strong>Forex Market Analysis provided by Forex                               Yard.<\/strong><\/a><\/em><\/span><\/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>By Yan Petters &#8211; Last week\u2019s trading session ended with the publications of the Euro-Zone Bank Stress Tests results. The results were considered to be positive as they showed that most of the major banks within the Euro-Zone are able to sustain another economic turmoil. The expected to reaction to this publication should have been &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2010\/07\/26\/euro-zone-bank-stress-tests-fail-to-support-the-euro\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Euro-Zone Bank Stress Tests Fail To Support the Euro&#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-11350","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/11350","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=11350"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/11350\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=11350"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=11350"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=11350"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}