All Things Forex Broadcast: Is QE3 and More USD Weakness in the Cards?

In the broadcast today: Is QE3 and More USD Weakness in the Cards? As the FOMC meeting minutes reminded the markets of the Fed’s willingness to do more easing and increased the pressure on the greenback, we examine the latest U.S. economic data and the odds of a QE3 announcement in September and explore its potential impact on the USD, we analyze the latest trend developments in the EUR/USD currency pair, we take a close look at the pullback in the USD/JPY pair, we follow up on the anticipated bullish breakout in the GBP/USD currency pair, we highlight the market’s reaction to the Chinese Manufacturing PMI, the German and French GDP, the Euro-zone Composite PMI, the FOMC Meeting Minutes, the U.S. Jobless Claims and New Home Sales, we discuss new forecasts from Bank of New York-Mellon, Citigroup and BNP Paribas, and prepare for the trading session ahead.

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