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Today's All Things Forex Broadcast: Did the BoE Inflation Report End the GBP Rally vs. USD?

|Includes: SPDR Dow Jones Industrial Average ETF (DIA), EEA, GBB, GOLD, JYN, QQQ, UDN, USD

In the broadcast today: Did the BoE Inflation Report End the GBP Rally vs. USD? Following the Bank of England's uncertain outlook on inflation and economic growth in the U.K., we explore how the market could price the odds for a future interest rate hike and its potential impact on the trend of the GBP against the USD, we analyze the pullback in the GBP/USD currency pair, we examine the weakening of the EUR as the EUR/USD pair once again drops below support, we take a look the AUD and NZD following the warnings of credit rating downgrades of financial institutions in Australia and New Zealand, we highlight the market's reaction to the Bank of England Inflation Report, the U.K. Consumer Confidence, the U.K. Jobless Claims, and the U.S. Housing Starts, we discuss new forecasts from Barclays Capital and UBS, and prepare for the trading session ahead.
 

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