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Will the GBP Rally vs. USD Lose Steam?

by Ilian Yotov More from this expert: Articles Blogs Videos
Posted 2010/07/21 13:36:00, 0 Comments

In the broadcast today: In a week filled with uncertainty and market jitters, we explore some warning signs that may point to potential exhaustion of the recent GBP rally against the USD, we analyze the latest trend developments with the GBP/USD and EUR/GBP currency pairs, we continue to monitor the EUR/USD pair ahead of the release of the EU banks stress tests results, we highlight the market's reaction to the U.S. corporate earnings, the Fed Chairman's report on monetary policy, the Bank of England Meeting Minutes, and the U.S. Weekly Oil Inventories, we discuss new forecasts from Citigroup, Goldman Sachs and Lloyds Banking Group, and prepare for the trading session ahead.

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