-
Forex Weekly Outlook May 7-11 - Did the dollar reach its peak?
The US Dollar enjoyed another week of significant gains, at times defying news that could have turned it around. Can it continue rising or will it correct to the downside? The inflation report stands in a week that also features two rate decisions. Here are the highlights for the upcoming week. The US Non-Farm Payrolls disappointed with a gain of only 164K and a slowdown in wages: 2.6% YoY and 0.1% MoM. The greenback initially struggled but recovered quickly. There were some silver linings in the report but the comeback may be more related to the notion that this will not stop the Fed from raising rates in June. It ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- May 6, 2018 4:11am May 6, 2018 4:11am
- parsifal23
- | Joined Aug 2012 | Status: Member | 35 Comments
- Comment #2
- Quote
- Edited 10:36am May 6, 2018 5:42am | Edited 10:36am
- PlanB
- | Membership Revoked | Joined Apr 2018 | 167 Comments
- Comment #3
- Quote
- May 6, 2018 7:25am May 6, 2018 7:25am
- Not-KPMG
- Joined Jun 2015 | Status: Member | 7592 Comments
Beware of robber banks (RB), bad advisors.
- Comment #4
- Quote
- May 9, 2018 6:46am May 9, 2018 6:46am
- absi
- | Joined May 2018 | Status: Member | 2 Comments