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Today's All Things Forex Broadcast: Exploring the EUR and the Next Phase of the EU Debt Crisis

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

In the broadcast today: Exploring the EUR and the Next Phase of the EU Debt Crisis. In light of the Portuguese request for financial aid, we explore whether the EU debt drama is entering its final act or if this time around we could see a wide-spread contagion into larger economies which could aggravate the debt crisis and possibly even threaten the existence of the EUR and the Euro-zone as we know it, we analyze the latest trend developments with the EUR/USD currency pair, we keep an eye on the GBP and the GBP/USD pair before tomorrow's release of the Bank of England's preferred inflation gauge, we keep an eye on the CAD ahead of the Bank of Canada interest rate announcement, we highlight the market's reaction to the latest news from Portugal and the statements of EU and ECB officials, we discuss new forecasts from Bank of New York-Mellon, JPMorgan-Chase and Wells Fargo, and prepare for the trading session ahead.
 

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