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USD: Benefitting from Increased Uncertainty

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TODAY'S BIGGEST PERCENTAGE MOVERS

THE STORIES IN THE CURRENCY MARKET

EXPECTATIONS FOR UPCOMING FED MEETINGS

CURRENT US INTEREST RATE: 0.25%
06/22 Meeting 08/09 Meeting
NO CHANGE 58.0% 52.6%
CUT TO 0BP 42.0% 47.4%
HIKE TO 50BP 0.0% 0.0%

USD: BENEFITTING FROM INCREASED UNCERTAINTY

EUR: SOVEREIGN DEBT CRISIS RETURNS WITH A VENGEANCE

GBP: FIRST LOOK AT RETAIL SALES

AUD: HIT BY CHINESE DATA AND RISK AVERSION

JPY: BOJ COMMENTS AND WEAK DATA REFLECT EARTHQUAKE IMPACT

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EUR/GBP: Currency in Play for Next 24 Hours

The EUR/GBP will be our currency pair in play for the upcoming 24 hours. From the Eurozone, we expect German Final 1 st Quarter GDP, Capital Investment, Government Spending, Exports and Imports at 2:00 AM NY TIME / 6:00 GMT, followed by German IFO Business Climate, Expectations and Current Assessment figures at 4:00 AM NY TIME / 8:00 GMT. From the U.K., we expect the release of Public Sector Net Borrowing figures at 4:30 AM NY TIME / 8:30 GMT, followed by CBI Realized Sales at 6:00 AM NY TIME / 10:00 GMT.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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