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Forex Trading Outlook for the Week of May 16, 2016

Forex Trading Outlook for the Week of May 16, 2016

4 Years ago | May 13, 2016 00:00:00

For me the week ended with the market trading according to plan as i show in my video, The dollar, meanwhile, closed on a firm to mixed note as the mood turned to risk off. In the week ahead, keep an eye on the reaction to US economic data as it will give a clue whether the current dollar recovery has legs. As with all news, it is the reaction more than the news itself that sends a clue for trading. 

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