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In the broadcast today: Will the EUR, GBP and CAD Revisit Their Last Week's Highs Against the USD? With today's attepmt for resumption of the USD down trend, we examine the prospects for the EUR, GBP, CAD, and AUD to re-test their last week's highs against the USD, we analyze the trend developments with the currency majors and continue to focus on the GBP/USD and EUR/GBP pairs ahead of the U.K. Industrial Production and the German CPI reports, we review the market's reaction to the news of TARP funds repayment by 10 U.S. banks, we discuss new forecasts from Goldman Sachs and Bank of New York Mellon, and prepare for the trading session ahead.
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