23 Aug
Posted by: Joshua Gibb in: Forex News
In the broadcast today: Are EUR & USD Entering a New Phase of the Debt Crisis? As equities and risk appetite continue to deteriorate, we examine the early warning signs of what looks like the next phase of the global debt crisis and explore its potential impact on the EUR and the USD, we analyze the latest trend developments with the EUR/USD and GBP\/USD currency pairs, we follow up on the bearish breakout in the USD\/JPY pair as the USD bounces off the new 15-year lows against the JPY, we note the newly-established all-time low for the EUR vs. CHF, we highlight the market’s reaction to the Japanese Trade Balance, the German IFO Business Sentiment survey, the U.S. Durable Goods Orders and New Home Sales, we discuss new forecasts from Morgan Stanley, Royal Bank of Scotland and UBS, and prepare for the trading session ahead.