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In the broadcast today: Are the EUR and GBP Capable of Reaching New Highs vs. USD? With the rally in equities and commodities continuing despite of the U.S. unemployment rate rising above 10% and the weak USD trend still intact after last weekend's G20 meeting, we ponder upon whether the EUR and GBP would be capable of reaching new highs vs. the USD and examine some of the factors that could contribute to further USD weakness, we analyze the bullish breakouts for the EUR/USD, GBP/USD, and AUD/USD currency pairs, we highlight the market's reaction to the G20 meeting and the German Industrial Production, we discuss new forecasts from Deutsche Bank, Royal Bank of Scotland and Credit Suisse, and prepare for the trading session ahead.
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