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Today's All Things Forex Broadcast: Does Deepening Euro-zone Recession Mean Weaker EUR?

In the broadcast today: Does Deepening Euro-zone Recession Mean Weaker EUR? Following the report of a third consecutive quarter of contraction in the euro-zone economy, we ponder if this could be the catalyst for European leaders to join the "currency wars" and to announce measures to weaken the euro, we analyze the latest trend developments in the EUR/USD currency pair, we take a look at the price correction in the USD/JPY pair, we keep an eye on the anticipated drop in the GBP/USD currency pair, we highlight the market's reaction to the Bank of Japan interest rate announcement, the Japanese GDP, the statement by the ECB Vice President, the Euro-zone GDP, and the U.S. Jobless Claims, we discuss new forecasts from Royal Bank of Canada and Credit Agricole, and prepare for the trading session ahead.

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