Trading Consultants Inc JJG
-
Forex Weekly Outlook Apr 29-May 3
The US dollar and the Japanese yen gained some ground in a week which saw weaker than expected data from most regions. As a new month enters, we have key events: the highly anticipated rate decision in the euro-zone, the Fed decision and Non-Farm Payrolls. All these and more are on our weekly outlook. Here are the major market movers awaiting us this week. Last week US GDP disappointed with a rise of only 2.5% while analysts expected an annual growth of 3.1%. The GDP rise in the first quarter was enabled by a strong rebound in consumer spending. However, in the UK, growth exceeded expectations and allowed sterling to ... (full story)