{"id":28224,"date":"2012-03-14T08:24:02","date_gmt":"2012-03-14T12:24:02","guid":{"rendered":"http:\/\/countingpips.com\/fx\/2012\/03\/14\/us-dollar-gains-with-better-health-of-us-economy\/"},"modified":"2012-03-14T08:24:02","modified_gmt":"2012-03-14T12:24:02","slug":"us-dollar-gains-with-better-health-of-us-economy","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2012\/03\/14\/us-dollar-gains-with-better-health-of-us-economy\/","title":{"rendered":"US dollar gains with better health of US economy"},"content":{"rendered":"<div align=\"left\"><script type=\"text\/javascript\">\ntweetmeme_style = 'compact';\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/tweetmeme.com\/i\/scripts\/button.js\"><\/script>\n<\/div>\n<p>By TraderVox.com<br \/>\n<!--break--><!--break--><\/p>\n<p>\n\t<img decoding=\"async\" alt=\"\" src=\"http:\/\/www.tradervox.com\/sites\/default\/files\/images\/USA\/Dollar-Sign-Yellow-Arrow-Upwards.jpg\" style=\"margin-left: 10px; margin-right: 10px; margin-top: 10px; margin-bottom: 10px; float: left; width: 300px; height: 300px; \" \/>Tradervox (Dublin) &#8211;&nbsp;Euro got sold off last night after the FOMC minutes. As expected the interest rate was kept unchanged as expected. But what shook the market was the observations made by Fed. Fed saw moderate improvements in US economy and labor markets. The US dollar gained across the board and Euro was hammered badly losing the 1.3100 levels and formeing the low of 1.3050.<\/p>\n<p>\n\tToday, the single currency printed a fresh low of 1.3029 during the late Asian session. But it has trimmed today&#39;s losses and is currently trading around 1.3066, still down about 0.10% for the day. CPI from EMU came largely as expected while industrial production came below expectation. The support may be seen at 1.3040 and below at 1.3000. The resistance may be seen at 1.3060 and above 1.3100.<\/p>\n<div>\n\tThe Sterling pound is trading around 1.5700 levels near its open price of the day. The support may be seen at 1.5700 and below at 1.5650. The resistance may be seen at 1.5760 and above at 1.5800.ILO unemployment rate came as expected at 8.4%.Claimant count change has come below expectation at 7.2k against the expected valie of 6k.&nbsp;<\/div>\n<div>\n\t&nbsp;<\/div>\n<div>\n\tThe USD\/CHF is trading around 0.9257, up about 0.27% for the day. Th pair has been gaining the levels throughout the day and printed a high of 0.9274 for the day. The resistance may be seen at 0.9300 and above at 0.9350. The support may be seen at 0.9250 and below at 0.9200 levels.<\/div>\n<div>\n\t&nbsp;<\/div>\n<div>\n\tThe USD\/JPY is printing the fresh highs and is currently trading around 83.55, up about 0.82% for the day. The resistance may be seen at 83.80 and 84.30. The support may be seen at 83.30 and below at 83.<\/div>\n<div>\n\t&nbsp;<\/div>\n<div>\n\tAustralian dollar has lost the 1.0500 handle and is currently trading around 1.0470, down about 0.60% for the day. The support may be seen at 1.0450 while the resistance may be seen at 1.0500 levels.<\/div>\n<p>\n\t<u><span><strong>Disclaimer<\/strong><\/span><\/u><br \/>\n\t<a href=\"http:\/\/www.tradervox.com\"><span>Tradervox.com <\/span><\/a><span>is not giving advice nor is qualified or licensed to provide financial advice. You must seek guidance from your personal advisors before acting on this information. While we try to ensure that all of the information provided on this website is kept up-to-date and accurate we accept no responsibility for any use made of the information provided. Opinions expressed at <\/span><a href=\"http:\/\/tradervox.com\"><span>Tradervox.com <\/span><\/a><span>are those of the individual authors and do not necessarily represent the opinion of <\/span><a href=\"http:\/\/www.tradervox.com\"><span>Tradervox.com <\/span><\/a><span>or its management.&nbsp;<\/span><\/p>\n<p>Article provided by <strong><u><a href=\"http:\/\/TraderVox.com\" target=\"_blank\">TraderVox.com<\/a><\/u><\/strong><br \/>\nTradervox.com is a Forex News Portal that provides real-time news and analysis relating to the Currency Markets.<br \/>\nNews and analysis are produced throughout the day by our in-house staff.<br \/>\nFollow us on twitter: <strong><u><a href=\"http:\/\/www.twitter.com\/tradervox\" target=\"_blank\">www.twitter.com\/tradervox<\/a><\/u><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By TraderVox.com Tradervox (Dublin) &#8211;&nbsp;Euro got sold off last night after the FOMC minutes. As expected the interest rate was kept unchanged as expected. But what shook the market was the observations made by Fed. Fed saw moderate improvements in US economy and labor markets. The US dollar gained across the board and Euro was &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2012\/03\/14\/us-dollar-gains-with-better-health-of-us-economy\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;US dollar gains with better health of US economy&#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-28224","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/28224","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=28224"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/28224\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=28224"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=28224"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=28224"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}