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Forex Video Outlook August 3rd, 2011

In this forex video outlook we discuss the direction of the Swiss Franc after the Swiss National Bank unexpectedly reduced their interest rate today. We also take a look at the dramatic AUD USD retracement and where we can expect risk to take USD pairs in the coming days. Also included is commentary on EUR USD, GBP USD, CHF JPY, USD CAD, USD JPY and NZD USD.