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Forex Weekly Outlook Apr. 23-27 - Can the dollar continue higher?
The US dollar enjoyed a surge in the latter part of the week thanks to rising US yields. Will it continue higher? The upcoming week features the first read of the US and UK GDP as well as rate decisions from the euro-zone and Japan. Here are the highlights for the upcoming week. US retail sales came out mixed, with a downgrade in the control group taking the sting out of the beat on the headline. Housing data was already better and Fed speakers also sounded optimistic about the economy. In the UK, stagnant wages took the air out of the pound's rally and the euro-zone continues showing signs of a slowdown. The BOC was ... (full story)