In the broadcast today: Is it Finally Time for the JPY to Correct Losses? In the aftermath of the G20 meeting which dismissed currency war speculations and did not criticize Japan for its competitive currency devaluation, we examine the extended decline of the JPY and ponder if now is the time for a long overdue price correction of the yen's losses, we analyze the latest trend developments in the USD/JPY currency pair, we continue to monitor the range in the EUR/USD pair, we keep an eye on the weakness of the GBP vs USD, we highlight the market's reaction to the G20 meeting, the comments by the Japanese Prime Minister and Finance Minister, the Bank of Japan Meeting Minutes, and the German ZEW Index, we discuss new forecasts from Credit Agricole and Bank of Tokyo- Mitsubishi, and prepare for the trading session ahead.
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