Western Union notes:
The dollar bounced above one-month lows though sentiment was still shaky. Mostly worrisome Greek headlines dominated news flows Friday which worked in the safer dollar's favor. The dollar's mixed fundamental shape will leave it vulnerable to further fragility over the short run.
The longer run outlook remains favorable with the Fed on course to raise rates sooner or later. With the Fed eyeing a broad range of data to help it decide when to boost rates, markets next week will hone in on U.S. data on durable goods Tuesday, revised first quarter growth Wednesday, and critical data on the consumer and inflation Thursday.
Constructive outcomes would help the rate hike cause and bode better for the dollar.


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