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The Weekly Wrap – Impressive Economic Data and Market Optimism Delivers Another US Dollar Gain

From fxempire.com

It was a slightly busier week on the economic calendar, in the week ending 2nd April. A total of 60 stats were monitored, following 56 stats from the week prior. Of the 60 stats, 38 came in ahead forecasts, with 16 economic indicators coming up short of forecasts. There were 6 stats that were in line with forecasts in the week. Looking at the numbers, 40 of the stats reflected an upward trend from previous figures. Of the remaining 20 stats, 18 reflected a deterioration from previous. For the Greenback, it was a 3rd consecutive week in the green. In the week ending 2nd April, the Dollar Spot Index rose by 0.28% to ... (full story)

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  • Category: Fundamental Analysis