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Forex Weekly Outlook May 21-25

From forexcrunch.com

The US dollar had a blockbuster week, breaking ground against all currencies apart from from the other safe haven: the yen, as euro-zone issues became more severe. In addition to the ongoing troubles in the euro-zone, US housing data, Japan’s rate decision and US unemployment claims are the major events on out list this week. Here is an outlook on the main market-movers. Greece is facing new elections in June. Even if a pro-bailout government is elected, the situation there looks bad and talks of a bank run could be a self fulfilling prophecy. The situation in Greece and in Spain has a huge impact on all the world. ... (full story)

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