All Things Forex's  Instablog

In the broadcast today: Make or Break Time for the GBP vs. USD? In the aftermath of the U.K. inflation report and ahead of the U.K. Budget release and the U.K. Retail Sales- two events that could prove pivotal for the future trend of the GBP, we focus on the pound Sterling and analyze the latest developments with the GBP/USD and EUR/GBP currency pairs, we continue to monitor the next phase of the Greek debt drama and examine the range-bound price action of the EUR/USD pair, we note the bearish breakout below 2008 lows for the EUR vs. CHF and ponder upon what could be the new "line in the sand" that may be drawn by the Swiss National Bank to prevent further CHF appreciation against the EUR, we take a close look at the NZD ahead of tomorrow's Gross Domestic Product report from New Zealand, we highlight the market's reaction to the latest news from Greece and the Euro-zone, the U.K. Consumer Price Index, and the U.S. Existing Home Sales, we discuss new forecasts from BNP Paribas and UBS, and prepare for the trading session ahead.
 

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