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Today's All Things Forex Broadcast: Can The GBP And JPY Break Outside Of Their Ranges?

In the broadcast today: Can the GBP and JPY Break Outside of their Ranges? Following the sequence of economic data from Japan and the U.K., we examine the familiar ranges of the JPY and the GBP against the USD and explore the factors that could cause a break outside of the multi-month ranges established in the USD/JPY and GBP/USD currency pairs, we analyze the latest trend developments in the EUR/USD pair, we keep an eye on the price correction in the AUD/USD currency pair, we highlight the market's reaction to the credit rating downgrades from Moody's, the Bank of Japan interest rate announcement, the Euro-zone ZEW Index and Industrial Production, and the U.K. CPI, we discuss new forecasts from Citigroup and UBS, and prepare for the trading session ahead.

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