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Forex Weekly Outlook April 23-27

From forexcrunch.com

The US dollar retreated as doubts about the US economy’s strength continue mounting. The US rate decision which also features a press conference by Ben Bernanke, is definitely the main event of the week, but a rate decision in Japan and initial GDP releases in the US and UK among other events. Here is an outlook on the main market-movers ahead. The most worrying piece of information was US jobless claims, that remained on high ground , indicating a hesitant recovery in the labor market. Yet also the Philly Fed Index disappointed. Is this a temporary setback for the US economy? It is become harder being optimistic. In ... (full story)

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