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Today's All Things Forex Broadcast: Is the GBP Becoming a Good Bet vs. USD?

|Includes: Randgold Resources Limited (GOLD)

In the broadcast today: Is the GBP Becoming a Good Bet vs. USD? This morning's U.K. economic data and hawkish interest rate comments from a Bank of England policy maker have helped the GBP to produce a bullish breakout vs. the USD, but is the GBP becoming a better bet and beginning a new bullish trend or is it simply correcting its December, 2009 losses against the USD- we examine the technical and fundamental factors that could help us find the answer to this question, we analyze the latest developments with the EUR/USD and USD/JPY currency pairs, we follow up on the failure of the USD/CAD pair to break above an important short-term resistance level and its implications for the future trend of the Greenback vs. the Loonie, we highlight the market's reaction to the U.K. Industrial Production, French CPI, and U.S. Oil Inventories, we discuss new forecasts from UniCredit, Standard Bank and Citigroup, and prepare for the trading session ahead.       

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