{"id":11435,"date":"2010-07-27T05:08:29","date_gmt":"2010-07-27T09:08:29","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=11435"},"modified":"2010-07-27T05:08:29","modified_gmt":"2010-07-27T09:08:29","slug":"eur-rises-above-1-30-before-consumer-confidence-reports","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/07\/27\/eur-rises-above-1-30-before-consumer-confidence-reports\/","title":{"rendered":"EUR Rises Above $1.30 before Consumer Confidence Reports"},"content":{"rendered":"<p><strong>By ForexYard <\/strong>&#8211; Positive economic data as well as optimistic earnings reports  published lately have boosted demand for riskier currencies, pushing the  EUR back above the $1.30 level. Traders should continue following these  indicators as a continuation of optimistic news will likely intensify  the current trend.<\/p>\n<p><strong><em>Tody\u2019s Leading Events<\/em><\/strong>:<\/p>\n<p>6:00 GMT: EUR \u2013 GfK German Consumer Climate<br \/>\n14:00 GMT: USD \u2013 CB Consumer Confidence<\/p>\n<p>Consumer confidence is a highly useful indicator as it lends insight  into future consumption as well as manufacturing. The more people are  confident about their future, the more they will be willing to purchase.  Consumer spending accounts for a major part of economic activity;  therefore, consumer confidence is a very valuable indicator.<\/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 ForexYard &#8211; Positive economic data as well as optimistic earnings reports published lately have boosted demand for riskier currencies, pushing the EUR back above the $1.30 level. Traders should continue following these indicators as a continuation of optimistic news will likely intensify the current trend. Tody\u2019s Leading Events: 6:00 GMT: EUR \u2013 GfK German &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2010\/07\/27\/eur-rises-above-1-30-before-consumer-confidence-reports\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;EUR Rises Above $1.30 before Consumer Confidence Reports&#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-11435","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/11435","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=11435"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/11435\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=11435"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=11435"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=11435"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}