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Forex Weekly Outlook May 14-18

From forexcrunch.com

The dollar had a superb week, riding on European fears to reach levels last seen in mid-March. Will we see a correction as many US figures are released? Or will the European news continue pushing the greenback higher? US retail sales, Philly Fed Manufacturing Index and the FOMC Meeting Minutes are the major market-movers this week. Here is an outlook on the major events awaiting us. The failure to form a government in Greece and the troubles of the Spanish banking system have an impact that goes far beyond the euro-zone. In the US, Bernanke acknowledged the banking system has improved since the financial crisis ... (full story)

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