Today's All Things Forex Broadcast: Is there More USD Weakness to Come vs. JPY?
In the broadcast today: Is there More USD Weakness to Come vs. JPY? With risk aversion making a comeback in the current trading week, we examine the potential for further strengthening of the JPY and other "safe haven" currencies, we analyze the range-bound trading in the USD/JPY currency pair, we take a close look at the break below a short-term support for the EUR/USD pair, we keep an eye on the GBP/USD pair as the GBP tests support against the greenback, we highlight the market's reaction to the news of further tightening by the People's Bank of China, the Australian Employment Report, the U.K. and the Euro-zone Industrial Production, and the U.S. Retail Sales and Jobless Claims, we discuss new forecasts from JPMorgan Chase and Bank of New York-Mellon, and prepare for the trading session ahead.
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