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Today's All Things Forex Broadcast: Is EUR vs. USD Breakout a Real Possibility?


In the broadcast today: Is EUR vs. USD Breakout a Real Possibility? With the EUR touching a high above $1.30 once again, but quickly selling off after that, we examine the odds and the main factors that could serve as a catalyst for a decisive breakout of the EUR against the USD, we analyze the latest trend developments with the EUR/USD currency pair, we note the renewed strengthening of the commodity currencies AUD, CAD and NZD vs. USD, we explore what the future monetary policy of Bank of Japan may bring for the USD/JPY exchange rate, we highlight the market's reaction to the optimistic growth expectations for the Chinese economy, the Reserve Bank of Australia Meeting Minutes, the Bank of Canada interest rate announcement, and the U.S. Housing Starts, we discuss new forecasts from Barclays Capital and Royal Bank of Scotland, and prepare for the trading session ahead.

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