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]
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.