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Today's All Things Forex Broadcast: Awaiting the Major Catalyst for the EUR & USD


In the broadcast today: Awaiting the Major Catalyst for the EUR & USD. A day ahead of the official release of the EU banks stress tests results, we continue to ponder the possible outcomes of this crucial for the fate of the EUR event that could serve as a major catalyst driving the future trends of the EUR, USD and other currency majors, we analyze the latest developments with the EUR/USD currency pair, we note the strengthening of the GBP on better-than-expected economic data and ahead of tomorrow's U.K. GDP estimate, we highlight the market's reaction to the Fed Chairman's assessment on the economy, the U.K. Retail Sales, the Euro-zone Composite PMI, and the U.S. Jobless Claims and Existing Home Sales, we discuss new forecasts from Societe Generale and Royal Bank of Scotland, and prepare for the busy trading session ahead.

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