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Today's All Things Forex Broadcast: Are the AUD and CAD Beneficiaries of the EUR Crisis?

|Includes: Randgold Resources Limited (GOLD)

In the broadcast today: Are the AUD and CAD Beneficiaries of the EUR Crisis? In the aftermath of the European Union's summit and its lack of concrete financial aid to Greece, we examine how the continuation of the EUR crisis could benefit the AUD and CAD- two currencies of countries with more solid employment and economic growth that seem to attract more bidders in the current uncertain environment surrounding the EUR, we analyze the strengthening of the AUD and CAD in recent days and the latest trend developments with the AUD/USD and USD/CAD currency pairs, we follow up on the weakness of the EUR and this morning's move in the EUR/USD pair targeting a major short-term support level, we highlight the market's reaction to the latest news from the European Union Summit in Brussels, the Australian Employment Situation report, and the U.S. Jobless Claims, we discuss new forecasts from Goldman Sachs, Bank of New York-Mellon and UBS, and prepare for a series of important economic data scheduled for release in the trading session ahead.
 

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