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Today's All Things Forex Broadcast: Is the USD Ready to Correct Its Losses vs. EUR and GBP?

|Includes: DIA, EEA, GBB, GOLD, JYN, QQQ, SPDR S&P 500 Trust ETF (SPY), UDN, USD

In the broadcast today: Is the USD Ready to Correct Its Losses vs. EUR and GBP? As the currency majors continue to rally against the USD, we examine the fundamental and technical factors that could trigger a price correction of the U.S. dollar's losses against the EUR and the GBP, we analyze the latest trend developments with the EUR/USD and GBP/USD currency pairs, we take a look at the commodity currencies: the AUD, NZD and CAD, we note another break lower for the USD vs. JPY, we highlight the market's reaction to the Reserve Bank of Australia interest rate announcement, the Australian Retail Sales, the Euro-zone PPI, the U.K. Construction PMI, and the U.S. Personal Income and Outlays, we discuss new forecasts from Bank of Tokyo-Mitsubishi and UBS, and prepare for the trading session ahead.
 

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