Trading Floor

Video: FX Update - EURUSD break to hold?

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April 06, 2011 AUD, BoE, CAD, ECB, EUR, Fed, GBP, Ivey, JPY, NZD, Trichet, USD, forex, johnjhardy, reutersfx
It's always interesting to see a big technical break before a key event risk that bear on whether that break will hold. Today we ponder today's break higher in EURUSD and whether Trichet and company can deliver at tomorrow. We also take sides on the latest action in GBP and bizarre back and forth in the Swiss franc. The next couple of days look critical for the major currencies.