{"id":9625,"date":"2010-05-21T08:57:13","date_gmt":"2010-05-21T12:57:13","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=9625"},"modified":"2010-05-21T08:57:13","modified_gmt":"2010-05-21T12:57:13","slug":"eur-holds-on-to-gains-despite-lukewarm-data","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/05\/21\/eur-holds-on-to-gains-despite-lukewarm-data\/","title":{"rendered":"EUR Holds on to Gains despite Lukewarm Data"},"content":{"rendered":"<p><strong><strong><strong>Source:     <span style=\"text-decoration: underline;\"><strong><a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\"><strong>ForexYard<\/strong><\/a><\/strong><\/span><\/strong><\/strong><\/strong><\/p>\n<p>The EUR receded some of its gains versus the EUR in today&#8217;s early  European trading after the release of lukewarm economic data released  throughout the day. The EUR\/USD pair dropped to a low of $1.2470 from a  high of $1.2671 earlier in the day and is currently trading around  $1.2540.<\/p>\n<p>The EUR saw a sharper decline against the Yen, giving up almost all  of its gains from a high of 114.20 to a low of 112.01 after the release  of the data. It did recover slightly to currently trade at 113.10. The  Yen fell against the EUR and the USD in Asia trading today after  Japanese Finance Minister Naoto Kan said excessive strengthening of the  Japanese currency isn&#8217;t desirable, suggesting that Japan might intervene  in the market if the Yen strengthens too much.<\/p>\n<p><span style=\"text-decoration: underline;\"><strong><em>Forex Market       Analysis<\/em> provided by\u00a0<a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\">Forex                                        Yard.<\/a><\/strong><\/span><\/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>The EUR receded some of its gains versus the EUR in today&#8217;s early European trading after the release of lukewarm economic data released throughout the day. The EUR\/USD pair dropped to a low of $1.2470&#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-9625","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/9625","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=9625"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/9625\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=9625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=9625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=9625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}