{"id":15721,"date":"2010-11-22T09:15:28","date_gmt":"2010-11-22T14:15:28","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=15721"},"modified":"2010-11-22T09:15:28","modified_gmt":"2010-11-22T14:15:28","slug":"ireland-accepts-rescue-aid-and-boosts-the-euro","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/11\/22\/ireland-accepts-rescue-aid-and-boosts-the-euro\/","title":{"rendered":"Ireland Accepts Rescue Aid and Boosts the Euro"},"content":{"rendered":"<p><em><strong>By<\/strong> <em><strong><a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\">ForexYard<\/a><\/strong><\/em> <\/em>&#8211; The euro rallied against most of the major currencies on Monday morning. The euro&#8217;s most notable bullish move took place against the U.S. dollar, as the euro gained over 100 pips during this morning&#8217;s trading session. The EUR\/USD pair is now trading near the 1.3740 level.<\/p>\n<p>The euro gained today after Ireland sought an international bailout to prevail its debt crisis. Analysts estimate that the rescue package will total 95 billion euros ($130 billion). It now seems that investors will be looking for the specific details on how creditors will be treated in any burden sharing among bank stakeholders in order to reset their positions.<\/p>\n<p>Looking ahead, traders are advised to follow the speech by European Central Bank Jean-Claude Trichet, which is scheduled for 16:00 GMT. Trichet is likely to discuss the Ireland aid plan, and heavy volatility might be observed during his speech.<\/p>\n<p><em><strong>Forex <\/strong><strong>Market Analysis provided by <a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\">ForexYard.<\/a><\/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>The euro rallied against most of the major currencies on Monday morning. The euro&#8217;s most notable bullish move took place against the U.S. dollar, as the euro gained over 100 pips during this morning&#8217;s trading session. The EUR\/USD pair is now trading near the 1.3740 level.<\/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-15721","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/15721","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=15721"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/15721\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=15721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=15721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=15721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}