{"id":11644,"date":"2010-08-02T08:38:44","date_gmt":"2010-08-02T12:38:44","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=11644"},"modified":"2010-08-02T08:38:44","modified_gmt":"2010-08-02T12:38:44","slug":"forex-news-usd-at-3-month-low","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/08\/02\/forex-news-usd-at-3-month-low\/","title":{"rendered":"Forex News: USD at 3-Month Low"},"content":{"rendered":"<p><strong>By ForexYard<\/strong> &#8211; The US dollar has been pushed bearish by concerns over the US economy  following a series of recent economic data, undershot market  expectations. Meanwhile, European numbers and many company results have  been stronger &#8212; keeping investors buying riskier assets.<\/p>\n<p>The dollar-index hit a 3-month low today, hurt by concerns that the  American economy&#8217;s recovery is losing momentum, while the high-yielding  Australian dollar (AUD) reached a 3-month high, lifted by a rise in  Asian equities this morning.<\/p>\n<p>The perceived better-risk-sentiment outside of the United States was  unlikely to be maintained if the world&#8217;s biggest economy continues to  underperform. If today&#8217;s release of American ISM Manufacturing PMI and  Prices comes in below expectations, we should expect a continuation of  this counter-dollar trading behavior, pushing the EUR\/USD upwards in the  direction of 1.3110.<\/p>\n<p><em><strong>Forex <\/strong><strong><a title=\"Market Analysis\" href=\"..\/2010\/07\/30\/category\/forex-market-news-analysis\/\">Market Analysis<\/a> provided by<span style=\"text-decoration: underline;\"> <a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\">Forex                               Yard.<\/a><\/span><\/strong><\/em><\/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; The US dollar has been pushed bearish by concerns over the US economy following a series of recent economic data, undershot market expectations. Meanwhile, European numbers and many company results have been stronger &#8212; keeping investors buying riskier assets. The dollar-index hit a 3-month low today, hurt by concerns that the American &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2010\/08\/02\/forex-news-usd-at-3-month-low\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Forex News: USD at 3-Month Low&#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-11644","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/11644","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=11644"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/11644\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=11644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=11644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=11644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}