Today's All Things Forex Broadcast: How Long will the EUR Relief Rally Continue? - All Things Forex

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Ilian Yotov is a longtime FX Strategist, known among industry peers as the creator of The Quarters Theory, a revolutionary methodology applied to the price behavior of currency exchange rates. His FX market analysis, outlook and forecasts are sought by popular financial publications worldwide... More

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Today's All Things Forex Broadcast: How Long will the EUR Relief Rally Continue? 0 comments

Oct 12, 2011 8:38 AM | about stocks: DIA, EEA, GBB, GOLD, JYN, UDN, USD

In the broadcast today: How Long will the EUR Relief Rally Continue? With the euro strengthening despite of the Slovakian Parliament's failure to pass the vote on EFSF changes, we focus on the anticipated price correction of the euro's losses against the USD and explore how long could the EUR relief rally last, we analyze the bullish breakout in the EUR/USD currency pair, we examine the strengthening of the GBP as the GBP/USD pair targets an important resistance level, we keep an eye on the AUD/USD currency pair climbing above parity, we highlight the market's reaction to the Slovakian EFSF vote, the positive news on Greece from the Troika of auditors, the Euro-zone Industrial Production, and the U.K. Jobless Claims, we discuss new forecasts from Bank of Tokyo-Mitsubishi and Royal Bank of Scotland, and prepare for the trading session ahead.

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Stocks: DIA, EEA, GBB, GOLD, JYN, UDN, USD

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