{"id":462,"date":"2010-12-31T09:59:39","date_gmt":"2010-12-31T09:59:39","guid":{"rendered":"http:\/\/www.mycurrencytransfer.com\/blog\/?p=462"},"modified":"2010-12-31T10:03:04","modified_gmt":"2010-12-31T10:03:04","slug":"rational-fx-uk-nationwide-house-price-index-expected-to-show-steady-decrease-31122010","status":"publish","type":"post","link":"https:\/\/www.mycurrencytransfer.com\/blog\/rational-fx-uk-nationwide-house-price-index-expected-to-show-steady-decrease-31122010\/","title":{"rendered":"Rational FX: UK Nationwide House Price Index to show steady MOM decrease [31\/12\/2010]"},"content":{"rendered":"<div><span style=\"color: #666666; font-family: Arial;\"><span style=\"color: #666666;\">Seasonal Greetings All,<\/span><\/span><\/div>\n<div><span style=\"color: #666666; font-family: Arial;\"><span style=\"color: #666666;\"><\/p>\n<div>Over the festive period currency markets have been locked in tight ranges with the severe bad weather coupled with many Bank Holidays falling during the working week \u2013 this has prompted more people to not come into work and has resulted in thin trading.<\/div>\n<div>Below are the main points, however we feel that they are currently of little relevance as mentioned previously there is very thin trading. We are more likely to see traders close positions and move funds into safe haven currencies until the New Year.<\/div>\n<p><strong>Yesterday\u2019s Market Movers <\/strong><\/p>\n<ul>\n<li>There was no data out for release in the UK or the Euro Zone.<\/li>\n<li>A big day for the USA however, Weekly Jobless Claims dropped to a 29 month low paving the way for consumers to gain confidence, however, with Holiday Trading effects, currency markets showed mixed results with the Dollar actually dropping against Emerging Market currencies.<\/li>\n<li>Chicago Purchasing Managers\u2019 Index came in better than expected as a result of higher Durable Goods Orders and better employment.<\/li>\n<li>Pending Home Sales rose from a downwardly revised previous figure, this showed a massive turnaround. Even though sales are below normal levels, it shows that people are confident in buying homes again.<\/li>\n<li>This data from the USA will no doubt give traders food for thought on their return to the markets, as we kick off trading Tuesday 4th January.<\/li>\n<\/ul>\n<p><strong>Today\u2019s Market Movers<\/strong><\/p>\n<ul>\n<li>UK Nationwide House Price Index is expected to show a decrease month on month. Not to mention that it\u2019s costing first time buyers \u00a330,000 to get on the housing ladder.<\/li>\n<li>In the US we have the Treasury Currency Report, detailing any new developments in global exchange rate policies of the USA\u2019s trading partners; no doubt China will be mentioned.<\/li>\n<\/ul>\n<p><\/span><\/span><\/div>\n<div><span style=\"color: #666666; font-family: Arial;\"> <\/span><\/div>\n<div>\n<table style=\"border-collapse: collapse;\" border=\"1\" cellspacing=\"0\" cellpadding=\"3\" width=\"40%\" bordercolor=\"#000000\">\n<tbody>\n<tr>\n<td width=\"20%\" valign=\"top\">\n<div><span style=\"color: #666666; font-family: Arial;\"> <\/span><span style=\"color: #666666; font-family: Arial;\">Currencies<\/span><\/div>\n<\/td>\n<td width=\"20%\" valign=\"top\">\n<div><span style=\"color: #666666; font-family: Arial;\"> High<\/span><\/div>\n<\/td>\n<td width=\"20%\" valign=\"top\">\n<div><span style=\"color: #666666; font-family: Arial;\"> Low<\/span><\/div>\n<\/td>\n<td width=\"20%\" valign=\"top\">\n<div><span style=\"color: #666666; font-family: Arial;\"> Support<\/span><\/div>\n<\/td>\n<td width=\"20%\" valign=\"top\">\n<div><span style=\"color: #666666; font-family: Arial;\"> Resistance<\/span><\/div>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"20%\" valign=\"top\">\n<div><span style=\"color: #666666; font-family: Arial;\"> GBP\/EUR<\/span><\/div>\n<\/td>\n<td width=\"20%\" valign=\"top\">\n<div><span style=\"color: #666666; font-family: Arial;\">1.1700<\/span><\/div>\n<\/td>\n<td width=\"20%\" valign=\"top\">\n<div><span style=\"color: #666666; font-family: Arial;\"> 1.1598\u00a0<br \/><\/span><\/div>\n<\/td>\n<td width=\"20%\" valign=\"top\">\n<div><span style=\"color: #666666; font-family: Arial;\">1.1600<\/span><\/div>\n<\/td>\n<td width=\"20%\" valign=\"top\">\n<div><span style=\"color: #666666; font-family: Arial;\">1.1740<\/span><\/div>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"20%\" valign=\"top\">\n<div><span style=\"color: #666666; font-family: Arial;\"> GBP\/USD<\/span><\/div>\n<\/td>\n<td width=\"20%\" valign=\"top\">\n<div><span style=\"color: #666666; font-family: Arial;\"> 1.5512<\/span><\/div>\n<\/td>\n<td width=\"20%\" valign=\"top\">\n<div><span style=\"color: #666666; font-family: Arial;\"> 1.5360<\/span><\/div>\n<\/td>\n<td width=\"20%\" valign=\"top\">\n<div><span style=\"color: #666666; font-family: Arial;\"> 1.5300<\/span><\/div>\n<\/td>\n<td width=\"20%\" valign=\"top\">\n<div><span style=\"color: #666666; font-family: Arial;\">1.5530<\/span><\/div>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"20%\" valign=\"top\">\n<div><span style=\"color: #666666; font-family: Arial;\"> EUR\/USD<\/span><\/div>\n<\/td>\n<td width=\"20%\" valign=\"top\">\n<div><span style=\"color: #666666; font-family: Arial;\"> 1.3300<\/span><\/div>\n<\/td>\n<td width=\"20%\" valign=\"top\">\n<div><span style=\"color: #666666; font-family: Arial;\"> 1.3180<\/span><\/div>\n<\/td>\n<td width=\"20%\" valign=\"top\">\n<div><span style=\"color: #666666; font-family: Arial;\"> 1.3155<\/span><\/div>\n<\/td>\n<td width=\"20%\" valign=\"top\">\n<div><span style=\"color: #666666; font-family: Arial;\">1.3400<\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div><span style=\"color: #666666; font-family: Arial;\"> <\/span><\/div>\n<div>We wish you a very nice day.<\/div>\n<div><span style=\"color: #666666; font-family: Arial;\"><span style=\"font-family: Arial;\"><\/p>\n<div><a title=\"Request a FREE no obligation quote from RationalFX\" href=\"http:\/\/www.rationalfx.com\/\">The RationalFX Team<\/a><\/div>\n<p><\/span><\/span><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Seasonal Greetings All, Over the festive period currency markets have been locked in tight ranges with the severe bad weather coupled with many Bank Holidays falling during the working week \u2013 this has prompted more people to not come into work and has resulted in thin trading. Below are the main points, however we feel that they are currently of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[3,27,24],"tags":[52],"_links":{"self":[{"href":"https:\/\/www.mycurrencytransfer.com\/blog\/wp-json\/wp\/v2\/posts\/462"}],"collection":[{"href":"https:\/\/www.mycurrencytransfer.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mycurrencytransfer.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mycurrencytransfer.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mycurrencytransfer.com\/blog\/wp-json\/wp\/v2\/comments?post=462"}],"version-history":[{"count":3,"href":"https:\/\/www.mycurrencytransfer.com\/blog\/wp-json\/wp\/v2\/posts\/462\/revisions"}],"predecessor-version":[{"id":465,"href":"https:\/\/www.mycurrencytransfer.com\/blog\/wp-json\/wp\/v2\/posts\/462\/revisions\/465"}],"wp:attachment":[{"href":"https:\/\/www.mycurrencytransfer.com\/blog\/wp-json\/wp\/v2\/media?parent=462"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mycurrencytransfer.com\/blog\/wp-json\/wp\/v2\/categories?post=462"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mycurrencytransfer.com\/blog\/wp-json\/wp\/v2\/tags?post=462"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}