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Today's All Things Forex Broadcast: Will the EUR Correct Some of Its Losses vs. USD & GBP?


In the broadcast today: Will the EUR Correct Some of Its Losses vs. USD & GBP? As the market continues to "digest" the massive EU bailout plan and the latest ECB emergency measures, we explore the potential for the EUR to correct some of its losses vs. USD and GBP, we examine some early warning signs for the future trend continuation in the EUR/USD and EUR/GBP currency pairs, we note the factors causing the renewed weakness of the GBP, we highlight the market's reaction to the ECB bond purchases, the Australian Employment report, the U.K. Consumer Confidence and Trade Balance, and the U.S. Jobless Claims, we discuss new forecasts from Goldman Sachs, Barclays, Citigroup, Bank of Tokyo-Mitsubishi and Royal Bank of Scotland, and prepare for a sequence of important U.S. economic data scheduled for release in the trading session ahead.

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