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Today's All Things Forex Broadcast: What's Next for the USD after the S&P Downgrade?

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

In the broadcast today: What's Next for the USD after the S&P Downgrade? Following the historic downgrade of the U.S. credit rating by S&P, we focus on the upcoming FOMC interest rate announcement and ponder what the future of the USD could look like in the aftermath of what could become a negative "double whammy" for the greenback- a U.S. rating cut and a Fed's decision to initiate QE3, we analyze the range-bound price fluctuations of the EUR/USD currency pair, we continue our intervention watch of the JPY and the CHF, we keep an eye on the GBP/USD pair ahead of a sequence of important U.K. economic data, we highlight the market's reaction to the stock market rout in the U.S. credit rating downgrade, the G20 statement, the European Central Bank's decision to buy Italian and Spanish debt, and the warning from the Swiss National Bank, we discuss new forecasts from Deutsche Bank, Barclays and UBS, and prepare for the trading session ahead.


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