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Today's All Things Forex Broadcast: EUR & GBP Outlook Following the Rally

In the broadcast today: EUR & GBP Outlook Following the Rally. As the euro buying frenzy and rally fizzles, we explore the outlook for the EUR and the GBP and examine some important price levels that could offer hints to the next moves for the EUR and the GBP against the USD, we analyze the price correction after the rally in the EUR/USD currency pair, we take a close look at the pullback in the GBP/USD pair despite of the spike in U.K. inflation, we keep an eye on the AUD/USD currency pair following the dovish inflation outlook from the Australian central bank, we highlight the market's reaction to Moody's credit rating warning for France, the statements by German officials, the Chinese GDP, the RBA Meeting Minutes, the U.K. CPI, and the German ZEW Survey, we discuss new forecasts from Deutsche Bank, Bank of New York-Mellon, Morgan Stanley and UBS, and prepare for the trading session ahead.

 

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