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Forex Trading Outlook for the Week of April 4, 2016

Forex Trading Outlook for the Week of April 4, 2016

4 Years ago | April 01, 2016 00:00:00

The first day of the second quarter started out in typical voaltile fashion with better US data reversing an earlier risk off mood and setting the stage for the week ahead. In the coming week there is a light US calendar, which should leave the focus on equities and crude oil to set the risk mood. The question we should be asking is whether the dollar has bottomed given better data but judging by the way the week is ending, the currency is still feeling the effects of Yellen's dovish speech. See what levels to watch in the week ahead. 

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