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Today's All Things Forex Broadcast: Is the Worst Behind for the EUR and the GBP?


In the broadcast today: Is the Worst Behind for the EUR and the GBP? In light of the weekend's announcement of a "shock and awe" plan from the EU and the coalition negotiations in the aftermath of the U.K. elections, we ponder if the major risks for the EUR and the GBP are now history, we explore what the future may hold for the EUR, the GBP and the USD, and analyze the trend developments with the EUR/USD, GBP/USD and EUR/GBP currency pairs, we examine the quick recovery of the USD vs. the JPY after last week's sell-off, we monitor the strengthening of the commodity currencies: CAD, AUD and NZD, we highlight the market's reaction to the Bank of England interest rate announcement, the latest news from the Euro-zone and the U.K., we discuss new forecasts from Goldman Sachs, Citigroup, JPMorgan-Chase and BNP Paribas, and prepare for the trading session ahead.

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