The dollar strengthened significantly as worries from all over the globe took over. Elections in France and Greece, US Trade Balance, jobless claims and Consumer Sentiment are the highlights of this week. Here is an outlook on the main market-movers awaiting us.
The highly anticipated Non-Farm Payrolls came out weak, only 115K jobs gained. Yet this is only part of the story: revisions added 53K and the unemployment rate fell once again. With weakness seen from so many places (Europe, the UK, Australia and New Zealand), the US dollar enjoys a still growing economy and safe haven flows. Will this continue?
Read the rest of the article [URL="http://www.forexcrunch.com/forex-weekly-outlook-may-7-11/"]Forex Weekly Outlook May 7-11[/URL]
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