November 25 2013

In the trading room today: EUR, USD and GBP New Trading Week Outlook. At the start of the Thanksgiving holiday-shortened trading week which might be a bit quiet on the economic front but not without the potential for some significant price moves, we focus on the EUR, the USD and the GBP and explore the outlook for these three currency majors, we analyze the latest trend developments in the EUR/USD currency pair, we examine the triple top resistance for the GBP/USD pair, we continue to monitor the USD rally against the JPY, we highlight the market’s reaction to statement by an ECB official, the U.K. Mortgage Approvals and the U.S. Pending Home Sales, we discuss new forecasts from BNP Paribas and UBS, and prepare for the trading session ahead.