{"id":23518,"date":"2011-02-11T03:00:20","date_gmt":"2011-02-11T07:00:20","guid":{"rendered":"http:\/\/www.forexyard.com\/blog\/en\/?p=13176"},"modified":"2011-02-11T03:00:20","modified_gmt":"2011-02-11T07:00:20","slug":"usd-bullish-as-euro-zone-debt-concerns-reemerge","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/02\/11\/usd-bullish-as-euro-zone-debt-concerns-reemerge\/","title":{"rendered":"USD Bullish as Euro Zone Debt Concerns Reemerge"},"content":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/profile-pics\/8.jpg\" width=\"120\"  alt=\"printprofile\" \/><\/p>\n<p>Recent data out of the United States has helped boost the strength of the dollar in recent trading. The USD climbed against most of its currency rivals in trading yesterday as euro zone debt concerns flared up and US unemployment claims came in lower than expected this week.<\/p>\n<p><span id=\"more-13176\"><\/span>A decline in US Crude Oil inventories over the past week also suggests a growth in oil usage, hinting towards industrial expansion in the world\u2019s largest oil consuming country. This week\u2019s close should round off these latest price movements with a few minor publications directly related to the strength of the greenback.<\/p>\n<p><em>Here is a summary of today\u2019s leading events:<\/em><\/p>\n<p><a href=\"http:\/\/www.forexyard.com\/en\/calendar\">13:30 GMT: USD \u2013 US Trade Balance<\/a><\/p>\n<p>The trade balance measures the difference in value between imported and exported goods over the previous month. This month\u2019s figure is expected to show a widening in the American trade deficit. Should the actual figure come in line with expectations, the USD could see a minor correction to yesterday\u2019s strength.<\/p>\n<p><a href=\"http:\/\/www.forexyard.com\/en\/calendar\">14:55 GMT: USD \u2013 UoM Consumer Sentiment<\/a><\/p>\n<p>The University of Michigan (UoM) releases this monthly report which represents the sentiment of consumers regarding their economic conditions. A higher reading represents a growth in consumer confidence. This month\u2019s release is expected to reveal a growth in consumer sentiment and thus may grant the USD a second boost before the closing of the week\u2019s trading.<\/p>\n","protected":false},"excerpt":{"rendered":"<p> Recent data out of the United States has helped boost the strength of the dollar in recent trading. The USD climbed against most of its currency rivals in trading yesterday as euro zone debt concerns flared up and US unemployment claims came in lower &#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-23518","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/23518","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=23518"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/23518\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=23518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=23518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=23518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}