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Today's All Things Forex Broadcast: How Much Further Could the EUR Fall vs. USD?

|Includes: Randgold Resources Limited (GOLD)

In the broadcast today: How Much Further Could the EUR Fall vs. USD? In light of this morning's renewed EUR weakness on Portugal's credit ratings downgrade and ahead of tomorrow's EU Summit, we examine the bearish breakout of the EUR vs. USD and explore what could be some important price levels that could be targeted in the near future should the EUR continue to decline further against the USD, we take a close look at the GBP after today's economic reports from the U.K. and analyze the latest trend developments with the GBP/USD and EUR/GBP currency pairs, we continue to monitor the recent pullback of the NZD vs. USD ahead of the Gross Domestic Product report from New Zealand, we highlight the market's reaction to the Fitch Ratings' downgrade of Portugal's credit rating, the U.K. Annual Budget release, the German IFO Business Sentiment survey, the Euro-zone Composite PMI, and the U.S. Durable Goods Orders, we discuss new forecasts from Deutsche Bank, Citigroup and UBS, and prepare for the trading session ahead.
 

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