EURUSD and GBPUSD for ECB and BoE Decisions or EURGBP? February 8 2012 6:29 EST

Having moved in fits and starts, the Euro and British pound may finally find a catalyst with enough influence to stir the market. A lot of speculation has built up heading into the ECB and BoE rate decisions due in the upcoming European session. Will the Bank of England follow through with expectations for another bond purchase program increase? Will the ECB vow greater accomodation in its already unique financial fire-fighting role? What we should really ask, however, is whether EURUSD and GBPUSD are the best pairs to trade this event risk. Underlying sentiment trends still hold a lot of gravity - far more than one off events. How about EURGBP as an alternative...







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