All Things Forex Broadcast: What Does Cyprus Mean for the EUR Future?

In the broadcast today: What Does Cyprus Mean for the EUR Future? In light of the proposed bank deposits levy and its rejection by the parliament in Cyprus, we examine the impact of the recent events in the small island nation and explore how they could continue to dictate the future direction of the euro, we analyze the latest trend developments in the EUR/USD currency pair, we keep an eye on the bounce higher of the GBP vs USD, we continue to monitor the USD/JPY pair, we highlight the market’s reaction to the attempts to secure a new bailout for Cyprus, the statement by the European Central Bank, the Bank of England Meeting Minutes, and the U.K. Jobless Claims and Unemployment Rate, we discuss new forecasts from Bank of New York-Mellon and Commerzbank, and prepare for the trading session ahead.

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