{"id":9685,"date":"2010-05-25T08:23:51","date_gmt":"2010-05-25T12:23:51","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=9685"},"modified":"2010-05-25T08:23:51","modified_gmt":"2010-05-25T12:23:51","slug":"dollar-and-pound-expecting-bullishness-today","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/05\/25\/dollar-and-pound-expecting-bullishness-today\/","title":{"rendered":"Dollar and Pound Expecting Bullishness Today?"},"content":{"rendered":"<p><strong>By Dan Eduard<\/strong> &#8211; Yesterday we saw riskier currencies tumble following the latest news  to come out of the Euro-Zone. Should European news continue to be  negative, traders can expect safe havens like the US Dollar and Yen to  continue to make gains in the marketplace. Here is a roundup of the main  economic indicators set to impact the market today.<\/p>\n<p><strong>08:30 GMT: GBP \u2013 Revised GDP  Report<\/strong><\/p>\n<p>There are three versions of the UK GDP report. The first, also called  the Preliminary, tends to have the most market impact. That being said,  the Revised \u2013 the second release \u2013 also tends to create market  volatility among GBP pairs. Analysts are forecasting a slight increase  in the UK GDP reading which, if true, could lead to significant gains  for the Sterling against its major counterparts.<\/p>\n<p><strong>14:00 GMT:  USD \u2013 CB Consumer Confidence Report<\/strong><\/p>\n<p>The Consumer Confidence report is seen as a leading economic  indicator, and as such, consistently creates heavy market volatility.  The report is the result of a monthly survey of 5,000 American  households. Respondents are asked to rate the economic climate in the US  today.<\/p>\n<p>Consumer confidence has steadily increased over the last several  months, which has tended to create favorable conditions for the  greenback. This month, analysts are forecasting another increase. Should  the report be released in-line with, or above, the forecasted level of  59.1, traders can expect the Dollar to continue making gains throughout  the rest of the day.<\/p>\n<p><strong><em>Forex Market       Analysis<\/em> provided by\u00a0<a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\">Forex                                          Yard.<\/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>By Dan Eduard &#8211; Yesterday we saw riskier currencies tumble following the latest news to come out of the Euro-Zone. Should European news continue to be negative, traders can expect safe havens like the US Dollar and Yen to continue to make gains in the marketplace. Here is a roundup of the main economic indicators &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2010\/05\/25\/dollar-and-pound-expecting-bullishness-today\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Dollar and Pound Expecting Bullishness Today?&#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-9685","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/9685","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=9685"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/9685\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=9685"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=9685"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=9685"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}