{"id":23707,"date":"2011-09-08T03:12:23","date_gmt":"2011-09-08T07:12:23","guid":{"rendered":"http:\/\/www.forexyard.com\/blog\/en\/?p=15509"},"modified":"2011-09-08T03:12:23","modified_gmt":"2011-09-08T07:12:23","slug":"german-court-ruling-grants-limited-eur-support","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/09\/08\/german-court-ruling-grants-limited-eur-support\/","title":{"rendered":"German Court Ruling Grants Limited EUR Support"},"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>The decision by Germany\u2019s Constitutional Court to reject lawsuits which challenged the country\u2019s participation in future euro zone bailouts offered limited support to the euro <a href=\"http:\/\/www.forexyard.com\/blog\/en\/2011\/09\/07\/eur-flow-analysis-shows-indecision-amongst-speculators\/\">(EUR)<\/a> in Wednesday\u2019s early trading. Investors are now watching the region closely as the regional <a href=\"http:\/\/www.forexyard.com\/blog\/en\/2011\/09\/06\/eur-edging-lower-interest-rates-eyed\/\">interest rate decision<\/a> by the European Central Bank (ECB) looms large.<\/p>\n<p><span id=\"more-15509\"><\/span>The court ruling, while putting some traders at ease about future euro zone stability, was not necessarily considered a positive, but rather the removal of a negative. Concern that the euro zone\u2019s largest economy would opt out of future bailouts made the whole bailout venture look fragile, but taking this fear away does not diminish the real debt problems the region still faces. As an aside, the EUR is also expected to take a hit Thursday as many are forecasting a dovish statement by the ECB regarding interest rates.<\/p>\n<p>Read more forex trading news on our <a href=\"http:\/\/www.forexyard.com\/blog\/en\/\">forex blog<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p> The decision by Germany\u2019s Constitutional Court to reject lawsuits which challenged the country\u2019s participation in future euro zone bailouts offered limited support to the euro (EUR) in Wednesday\u2019s early trading. Investors are now watching the re&#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-23707","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/23707","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=23707"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/23707\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=23707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=23707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=23707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}