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Today's All Things Forex Broadcast: Can the EUR Rally and Risk Appetite Last?

In the broadcast today: Can the EUR Rally and Risk Appetite Last? With the risk rally regaining momentum in the aftermath of the EU Summit, we keep an eye on the EUR and explore the factors that could continue to fuel risk appetite and could extend the euro's and the higher-yielding commodity currencies' rallies against the USD, we analyze the bullish breakout of the EUR as the EUR/USD currency pair jumps above $1.40, we continue our JPY intervention watch, we examine the renewed strength in the AUD/USD and the NZD/USD pairs, we highlight the market's reaction to the EU Summit, the interest rate announcements by the Bank of Japan and the Reserve Bank of New Zealand, and the U.S. GDP and Jobless Claims, we discuss new forecasts from Commerzbank, Bank of New York-Mellon and UBS, and prepare for the trading session ahead.

 

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