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In the broadcast today: The EUR and USD- A New Trend Emerging or Still Stuck in the Same Old Range? With today's decline of the EUR against the USD and ahead of important economic reports from the Euro-zone in the upcoming trading sessions, we examine the prospects for a new trend to emerge with the EUR/USD currency pair, we ponder upon whether the EUR weakness could "spill into" another major European currency- the GBP, we analyze the latest developments with the EUR/USD, GBP/USD, USD/CAD, AUD/USD and NZD/USD currency pairs and the market's reaction to the Japanese Retail Sales, the German CPI and the U.S. Durable Goods Orders and Oil Inventories, we discuss new forecasts from Morgan Stanley, Bank of America- Merrill Lynch and Bank of New York-Mellon, and prepare for the trading session ahead.
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