Forex in 60 Seconds - USDJPY Volatility Stocked By Data, USDCAD May Be Next Week's Mover

Published May 17th, 2008 - 12:49 GMT
Al Bawaba
Al Bawaba




·          Questionable US housing data overshadowed by a 28-year low in consumer confidence.
 ·         First quarter Japanese growth stronger than expected, can the BoJ consider hiking?

Stories to watch on DailyFX

·          End of week volatility from the majors sets up potential breakouts next week.
·          Heavy economic data due over the latter half of the week, Canadian retail sales and FOMC forecast targets USDCAD.

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