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Forex Weekly Outlook May 14-18 - Has the dollar peaked?

From forexcrunch.com

The US Dollar had an exciting week amid inflation data and other market moving events. It reached new highs only to retreat. What's next? The US retail sales, housing data, and a couple of GDP figures. Here are the highlights for the upcoming week. UScore inflation came out at 2.1% against 2.2% expected. This hurt the greenback and sent it down after it reached new multi-month highs against both the euro and the pound. Mixed euro-zone data did not cause too much harm while the Bank of England had a dovish decision that sent the pound lower. Trump's abandoning of the Iran deal provided further support to oil prices ... (full story)

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  • Category: Fundamental Analysis