{"id":22435,"date":"2010-06-08T03:28:36","date_gmt":"2010-06-08T07:28:36","guid":{"rendered":"http:\/\/www.forexyard.com\/blog\/en\/?p=9990"},"modified":"2010-06-08T03:28:36","modified_gmt":"2010-06-08T07:28:36","slug":"currencies-react-to-lower-equities-2","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/06\/08\/currencies-react-to-lower-equities-2\/","title":{"rendered":"Currencies React to Lower Equities"},"content":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/profile-pics\/9.jpg\" width=\"120\"  alt=\"printprofile\" \/><\/p>\n<p>Negative market sentiment that carried over from last Friday&#8217;s trading session, where the U.S. Non-Farm Payrolls failed to meet market expectations, is weighing on the Majors. A lack of economic data on the calendar holds the current trading environment in place.<\/p>\n<p><span id=\"more-9990\"><\/span>The major indices have been lower, with the DAX down 0.57% and the S&#038;P 500 lower by 1.35%. As such, traders have been moving back into the US Dollar following the declines in equities on safe-haven buying.<\/p>\n<p><em>Today&#8217;s News Events<\/em>:<\/p>\n<p>\u2022\tEUR &#8211; 10:00 GMT German Industrial Production m\/m<br \/>\nExpectations:  0.7%. Previous:  4.0%<\/p>\n<p>\u2022\tCAD &#8211; 12:15 GMT Housing Starts<br \/>\nExpectations:  203K Previous:  201K<\/p>\n<p>&#8211; Reduced risk sentiment could send the EUR\/USD lower towards the next support level at 1.1830.<\/p>\n<p>&#8211; The next support line for the USD\/JPY rests at 91.00.<\/p>\n<p>&#8211; A breach below the $69.50 support level could drag the price of spot crude oil lower to the support of $67.00.<\/p>\n","protected":false},"excerpt":{"rendered":"<p> Negative market sentiment that carried over from last Friday&#8217;s trading session, where the U.S. Non-Farm Payrolls failed to meet market expectations, is weighing on the Majors. A lack of economic data on the calendar holds the current trading env&#8230;<\/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-22435","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/22435","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=22435"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/22435\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=22435"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=22435"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=22435"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}