The US dollar continued storming the board, and even gained against the Japanese yen this time. Important US events including CB Consumer Confidence, Housing data and the all-important Non-Farm Payrolls are at the top of our list this week. Here is an outlook for the major market-movers ahead.
The European debt crisis further deteriorated with more open talk about a Greek exit, and a major Spanish region adding its begging bowl, in addition to banks. The crisis continues having an impact on all currencies. In the US, Core durable goods orders disappointed but at least Jobless claims were steady with 370,000 claims. The NFP will likely bring more attention to the world's No. 1 economy. Let's start:
Read the rest of the article [URL="http://www.forexcrunch.com/forex-weekly-outlook-may-28-jun-1/"]Forex Weekly Outlook May 28 – June 1[/URL]
Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Forex Capital Markets LLC. will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
English
Español
Français
中文
Deutsch
Italiano
العربية
Sverige
Ελληνικά
Go to Profile
Mark as Read
