{"id":19257,"date":"2011-02-10T07:55:53","date_gmt":"2011-02-10T12:55:53","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=19257"},"modified":"2011-02-10T07:55:53","modified_gmt":"2011-02-10T12:55:53","slug":"dollar-continues-to-strengthen-versus-counterparts","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/02\/10\/dollar-continues-to-strengthen-versus-counterparts\/","title":{"rendered":"Dollar Continues to Strengthen versus Counterparts"},"content":{"rendered":"<p><span style=\"text-decoration: underline;\"><strong>Source: <em><strong> <a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\">ForexYard<\/a><\/strong><\/em><\/strong><\/span><\/p>\n<p>The dollar strengthened versus all of its 16 major counterparts in  today&#8217;s Asian trading, rising near a two week high versus the yen, ahead  of a report today that is expected to show U.S unemployment claims  declined. The slowly improving job market as well as signs consumer  confidence is on a rise boosted optimism about recovery of the world&#8217;s  largest economy.<\/p>\n<p>The EUR\/USD pair dropped over 100 pips from yesterday&#8217;s high to  currently trade at $1.3633, from $1.3733. The dollar gained to 82.70 yen  from 82.36 in New York yesterday.<\/p>\n<p>Later today, traders should follow Britain&#8217;s Asset Purchase Facility  and MPC Rate Statement. The Bank of England is expected to leave its key  lending rate unchanged at a record low 0.5%. Another major indicator to  be released today is the U.S unemployment claims, which is expected to  show another decline; potentially boosting the USD even further if the  outcome is as expected.<\/p>\n<p><span style=\"text-decoration: underline;\"><em><strong><a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\">Forex Market Analysis provided by ForexYard. <\/a><\/strong><\/em><\/span><em><strong><a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\"><br \/>\n<\/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 dollar strengthened versus all of its 16 major counterparts in today&#8217;s Asian trading, rising near a two week high versus the yen, ahead of a report today that is expected to show U.S unemployment claims declined. <\/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-19257","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/19257","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=19257"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/19257\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=19257"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=19257"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=19257"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}