September 5 2013

In the trading room today: What’s Next for the EUR and GBP after ECB and BoE Meetings? In the aftermath of the European Central Bank and the Bank of England meetings, we examine how the future monetary policies of these two major central banks will continue to impact the direction of the EUR and the GBP, we analyze the latest trend developments in the EUR/USD currency pair, we take a close look at the GBP/USD pair, we note the USD/JPY pair’s revisit of the 100 yen level, we highlight the market’s reaction to the Bank of Japan, the Bank of England and the European Central Bank interest rate announcements, we discuss new forecasts from Royal Bank of Scotland and Barclays, and prepare for the trading session ahead.