{"id":70073,"date":"2022-08-12T21:08:25","date_gmt":"2022-08-12T17:08:25","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=70073"},"modified":"2022-08-12T21:08:28","modified_gmt":"2022-08-12T17:08:28","slug":"eur-usd-down-from-five-week-highs","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/eur-usd-down-from-five-week-highs\/08\/12\/market-updates\/","title":{"rendered":"EUR\/USD down from five-week highs"},"content":{"rendered":"\n<p>The EUR\/USD pair hesitates to hold above 1.0300, preparing to finish the week with gains of just 0.21%. US Consumer Sentiment rises to a three-month high, while inflation expectations remain mixed.<br><br>EU\u2019s Industrial Production surprised to the upside, but recession is still looming. The pair could not hold to its two-day gains, drops from five-month highs, back below the 1.0300 mark amid a positive market mood, after a week where US inflation reports indicate that prices are cooling down, so the Fed might take a more \u201cdovish\u201d approach, regarding tightening.<br><br>The EUR\/USD is trading between 1.0255 and 1.3 after hitting a daily high at 1.0321, but overall US dollar strength sent the shared currency diving below the 1.03000 figure, towards a fresh two-day low at 1.0238.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The EUR\/USD pair hesitates to hold above 1.0300, preparing to finish the week with gains of just 0.21%. US Consumer Sentiment rises to a three-month high, while inflation expectations remain mixed.EU\u2019s Industrial Production surprised to the upside, but recession is still looming. The pair could not hold to its two-day gains, drops from five-month highs, &hellip;<\/p>\n","protected":false},"author":13,"featured_media":44251,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[7048,6884,7462],"class_list":["post-70073","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-consumer-confidence","tag-eur-usd","tag-market-sentiment"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/70073","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=70073"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/70073\/revisions"}],"predecessor-version":[{"id":70077,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/70073\/revisions\/70077"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/44251"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=70073"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=70073"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=70073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}