In the broadcast today: Is this the Start of Another Leg Lower for the JPY? In light of the Japanese Prime Minister's offer to dissolve the parliament in upcoming days, we examine the impact of this announcement on the JPY and ponder if this could be the beginning of another leg lower for the Japanese currency, we analyze the move back above the 80 yen level in the USD/JPY currency pair, we take a close look at the GBP/USD pair following a sequence of important U.K. economic data, we note the anticipated price correction in the EUR/USD currency pair, we highlight the market's reaction to the Bank of England Inflation Report, the U.K. Jobless Claims, the Euro-zone Industrial Production, and the U.S. Retail Sales, we discuss new forecasts from Wells Fargo, BNP Paribas, HSBC and Commerzbank, and prepare for the trading session ahead.
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