August 19 2013

In the trading room today: How will the German Election Impact the EUR? Five weeks ahead of the German election on September 22, we examine the latest polls from the euro-zone’s largest economy, the dismissal of a grand coalition by the German Chancellor and explore the election’s impact on the euro, we analyze the latest trend developments in the EUR/USD currency pair, we take a look at the GBP/USD pair, we keep an eye on the range in the USD/JPY currency pair, we highlight the market’s reaction to the Japanese Trade Balance, we discuss new forecasts from Commerzbank and UBS, and prepare for the trading session ahead.