{"id":27084,"date":"2012-02-02T14:33:39","date_gmt":"2012-02-02T19:33:39","guid":{"rendered":"http:\/\/countingpips.com\/fx\/2012\/02\/02\/negative-euro-zone-news-gives-usd-temporary-boost\/"},"modified":"2012-02-02T14:33:39","modified_gmt":"2012-02-02T19:33:39","slug":"negative-euro-zone-news-gives-usd-temporary-boost","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2012\/02\/02\/negative-euro-zone-news-gives-usd-temporary-boost\/","title":{"rendered":"Negative Euro-Zone News Gives USD Temporary Boost"},"content":{"rendered":"<p><strong>Source: <a href=\"http:\/\/www.forexyard.com\/landsys\/general_static\/en\/?pid=545&#038;mid=888&#038;cid=15844&#038;zid=15873\" target=\"_blank\">ForexYard<\/a><\/strong><\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/profile-pics\/16.jpg\" width=\"120\" alt=\"printprofile\" \/><\/p>\n<p>Fresh concerns regarding Greece\u2019s debt negotiations sent investors to safe-haven assets during the beginning of today&#8217;s trading session.  The news resulted in the US dollar recouping some of its recent losses against the euro.  The EUR\/USD dropped to the 1.3085 level before staging a correction during the evening session.  The greenback was not as fortunate against other riskier currencies.  The AUD\/USD range traded for much of the day, maintaining its recent bullish trend around the 1.0725 level.<\/p>\n<p><span><\/span>Turning to tomorrow, traders can expect significant volatility in the marketplace as the US Non-Farm Employment Change figure is set to be released.  Wednesday\u2019s ADP Non-Farm figure, which is widely considered an accurate predictor of today\u2019s news, came in below expectations and resulted in some bearish movement for the US dollar.  <\/p>\n<p>At the moment, analysts are predicting that the US added 150K jobs in January.  Should the final figure come in significantly below that number, the greenback may extend its losses.  At the same time, traders will want to note that the employment statistic is notoriously difficult to predict.  A better than expected figure is entirely possible, and could result in dollar gains ahead of markets closing for the weekend.   <\/p>\n<p><strong><a href=\"http:\/\/www.forexyard.com\/landsys\/general_static\/en\/?pid=545&#038;mid=888&#038;cid=15844&#038;zid=15873\" target=\"_blank\">Forex Market Analysis provided by ForexYard. <\/a><\/strong><\/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>Source: ForexYard Fresh concerns regarding Greece\u2019s debt negotiations sent investors to safe-haven assets during the beginning of today&#8217;s trading session. The news resulted in the US dollar recouping some of its recent losses against the euro. The EUR\/USD dropped to the 1.3085 level before staging a correction during the evening session. The greenback was not &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2012\/02\/02\/negative-euro-zone-news-gives-usd-temporary-boost\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Negative Euro-Zone News Gives USD Temporary Boost&#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-27084","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/27084","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=27084"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/27084\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=27084"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=27084"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=27084"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}