Forex in 60 Seconds - A Heavy Concentration Of Event Risk May Force Dollar Breakouts Next Week

Published June 28th, 2008 - 01:37 GMT
Al Bawaba
Al Bawaba




 ·          Euro data suggests the economy may have contracted in the second quarter, but the euro was preoccupied with next week's ECB decision.
 ·          Despite the slowest pace of UK growth in three years, the pound may be looking at a major trend reversal against the dollar.

Stories to watch on DailyFX

·          A glut of top market moving indicators may lead the majors to volatility and breakouts next week.
·          With equity markets plunging to new multi-month and year lows how is the carry trade performing?

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