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Today's All Things Forex Broadcast: Is the USD Ending Its Downtrend or Still Correcting Losses?

|Includes: Randgold Resources Limited (GOLD)

In the broadcast today: Is the USD Ending Its Downtrend or Still Correcting Losses? Minutes ahead of the Fed's interest rate announcement which could dictate the USD trend for the next couple of months, we focus on the strategic positioning of many major currency pairs close to important support/resistance levels that, if breached or sustained, may send some interesting signs signaling the continuation or the reversal of the USD downtrend, we analyze the EUR/USD, GBP/USD and USD/JPY currency pairs, we continue to monitor the weakness of the NZD ahead of the Reserve Bank of New Zealand interest rate decision, as well as the persistent weakening of the CAD and AUD, and examine the factors that will continue to impact the higher yielding commodity currencies, we highlight the market's reaction to the Australian CPI, the Japanese Trade Balance, the U.K. CBI Distributive Trades, the German CPI, and the U.S. New Home Sales, we discuss new forecasts from Bank of New York-Mellon and UBS, and prepare for the trading session ahead.       

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