{"id":18235,"date":"2011-01-18T07:27:16","date_gmt":"2011-01-18T12:27:16","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=18235"},"modified":"2011-01-18T07:27:16","modified_gmt":"2011-01-18T12:27:16","slug":"the-euro-gains-as-the-greenback-remains-mixed-in-overnight-trading","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/01\/18\/the-euro-gains-as-the-greenback-remains-mixed-in-overnight-trading\/","title":{"rendered":"The Euro gains as the greenback remains mixed in overnight trading"},"content":{"rendered":"<p>The US dollar remained mixed against its major currencies  counterparts on Monday\u2019s overnight trading session. Among the major  factors do influence the forex trading was the meeting of finance  ministers of major countries of euro zone. Finance ministers from major  countries of euro zone will gather on Tuesday to plan the boost of  lending capacity of 440 billion euro or $584 billion as European  Financial Stability Fund.<\/p>\n<p>The dollar index DXY which measure the US dollars performance versus  its major six rivals dropped advanced to 79.407 in overnight market as  compared to 79.093 on last Friday\u2019s trading session.<\/p>\n<p>The US dollar declined versus the Japanese Yen to 82.45 on Asian  trading session as compared to 82.94 on last Friday. The British Pound  also gained to 1.5928 against the greenback in Monday\u2019s European trading  session as compared to $1.5864 on Friday.<\/p>\n<p>In other currencies Australian dollar surged to 99.54 versus the  greenback as compared to US $98.95 on Friday\u2019s late trading session.<\/p>\n<p>The Euro however declined to 1.3285 against the US dollar to $1.3376  on last Friday. The Euro has been under immense selling pressure due to  overwhelming auction of government bonds by Portugal and Spain. Moreover  warning of inflationary pressure by ECB President Jean-Claude Trichet  created more uncertainty among investors.<\/p>\n<p><strong>About the Author<\/strong><\/p>\n<p><strong>Daily <a href=\"http:\/\/www.dailyforextrade.com\/\" target=\"_blank\">forex trading news<\/a> written by Rehan from DailyForexTrade.com<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The US dollar remained mixed against its major currencies counterparts on Monday\u2019s overnight trading session. Among the major factors do influence the forex trading was the meeting of finance ministers of major countries of euro zone. Finance ministers from major countries of euro zone will gather on Tuesday to plan the boost of lending capacity &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2011\/01\/18\/the-euro-gains-as-the-greenback-remains-mixed-in-overnight-trading\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;The Euro gains as the greenback remains mixed in overnight trading&#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-18235","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/18235","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=18235"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/18235\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=18235"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=18235"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=18235"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}