{"id":7999,"date":"2010-03-26T09:41:18","date_gmt":"2010-03-26T13:41:18","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=7999"},"modified":"2010-03-26T09:41:18","modified_gmt":"2010-03-26T13:41:18","slug":"greek-safety-net-news-gives-eur-a-bullish-session","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/03\/26\/greek-safety-net-news-gives-eur-a-bullish-session\/","title":{"rendered":"Greek Safety Net News Gives EUR A Bullish Session"},"content":{"rendered":"<p>Source: <strong><a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\"><strong>Forex   Yard<\/strong><\/a><\/strong><\/p>\n<p>The Euro began showing bullish signs last night, and has slowly  continued its upward trend throughout today.  This is largely due to the  European Central Bank&#8217;s,  (ECB), decision to create a safety net for Greece.  This safety net, a  combination of IMF and Euro-zone loans in case of emergency, while not  quite the bailout package investors were hoping for, is clearly a step  in the right direction.  Since 23:00 GMT last night, EUR\/USD has  increased over 100 pips to its current level of 1.3376.  EUR\/CHF, coming  off of record lows reached earlier this week, shot up over 50 pips in  the same amount of time.  The pair is currently trading at 1.4302.<\/p>\n<p>A relatively slow news day, will likely lead to low liquidity in the  market place as we close out for the weekend.  That being said, with the  ECB President scheduled to speak at 16:00 GMT, the Euro may further  extend its bullish session.  Whether the latest news indicates a  prolonged trend for the European currency is yet to be seen.  What can  be said with certainty though is that the closer the Greek deficit  crisis is to being over, the better the Euro will perform in the <a href=\"http:\/\/www.forexyard.com\/\">forex<\/a> marketplace.<\/p>\n<p><em><strong>Forex Market Analysis<\/strong><\/em> provided by\u00a0<a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\"><strong>Forex     Yard.<\/strong><\/a><\/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: Forex Yard The Euro began showing bullish signs last night, and has slowly continued its upward trend throughout today. This is largely due to the European Central Bank&#8217;s, (ECB), decision to create a safety net for Greece. This safety net, a combination of IMF and Euro-zone loans in case of emergency, while not quite &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2010\/03\/26\/greek-safety-net-news-gives-eur-a-bullish-session\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Greek Safety Net News Gives EUR A Bullish Session&#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-7999","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/7999","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=7999"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/7999\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=7999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=7999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=7999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}