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Forex Weekly Outlook August 13-17

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by , 08-11-2012 at 11:00 AM (269 Views)
Doubts about progress in Europe and worries about global growth eventually pushed the US dollar to higher ground. US retail sales, the Philly Fed Manufacturing Index and British employment data are the major events on our list this week. Here is an outlook on the market movers to shape forex trading.

Last week, the US economy showed signs of improvement with a better than predicted trade balance deficit of $42.9 billion in June following $48.7 billion in the previous month and US job market remained positive with a lower than expected number of jobless claims filed last week standing at 361K. Is the US economy going to further improve in the coming months? Let’s Start

Read the rest of the article [B][I][URL="http://www.forexcrunch.com/forex-weekly-outlook-august-13-17/"]Forex Weekly Outlook August 13-17[/URL][/I][/B]
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