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Today's All Things Forex Broadcast: Is the EUR Ready to Stay in the $1.20's vs. USD?

In the broadcast today: Is the EUR Ready to Stay in the $1.20's vs. USD? With the EUR breaking lower against the USD and JPY, we explore the potential for further losses of the single currency and ponder if the EUR/USD exchange rate is ready to stay in its new 1000 PIP range of the $1.20's, we analyze the bearish breakout in the EUR/USD currency pair, we note the new decade low for the EUR vs. JPY, we keep an eye on the EUR/CHF as it finds a double bottom support in today's trading session, we highlight the market's reaction to the Italian debt auctions, the ECB bank lending data, and the U.S. Jobless Claims, we discuss new forecasts from BNP Paribas, Bank of New York-Mellon and Westpac Banking Corp., and prepare for the trading session ahead.

 

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