All Things Forex Broadcast: Is the EUR about to Join the “Currency Wars”?

In the broadcast today: Is the EUR about to Join the “Currency Wars”? With the Eurogroup Chairman Jean-Claude Juncker calling the euro exchange rate “dangerously high”, we take a close look at the EUR as it holds firmly into the $1.30′s and ponder if the single currency might be the next most likely candidate to join the “currency wars”, we analyze the latest trend developments in the EUR/USD currency pair, we take a look at the renewed bullish momentum of the USD vs. JPY, we note the signs of weakness in the GBP/USD currency pair, we highlight the market’s reaction to the comments by the Japanese economy minister, the Australian Employment report, the U.S. Housing Starts and Jobless Claims, we discuss new forecasts from Bank of New York-Mellon and Commerzbank, and prepare for the trading session ahead.

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