In the broadcast today: GBP and NZD Outlook Following RBNZ and ahead of BoE. In the aftermath of the Reserve Bank of New Zealand meeting and ahead of the Bank of England’s interest rate announcement, we focus on the GBP and the NZD and explore the potential impact of the rate decisions by these two central banks, we analyze the latest trend developments with the GBP/USD and NZD\/USD currency pairs, we note the renewed weakening of the EUR vs. USD, we take a close look at yen as the USD\/JPY pair approaches an important resistance level, we highlight the market’s reaction to the extension of the Bush tax cuts, the Reserve Bank of New Zealand interest rate announcement, the German Industrial Production and Trade Balance, we discuss new forecasts from Deutsche Bank, JPMorgan-Chase and UBS, and prepare for the trading session ahead.
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