Traders Turn Away from PCE, Dollar Runs Wild

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Traders Turn Away from PCE, Dollar Runs Wild
📊 Forex Weekly Recap

This week, Forex traders turned their backs on the "longtime love" of PCE data and chased the allure of a strong USD 

The result: the greenback surged across many pairs, shaking up the markets quite a bit

🔮 Outlook for next week

  • All eyes will be on new economic data (employment, inflation…) to see if the USD can maintain its “cool guy” status
  • PCE remains important, but the USD is currently stealing the spotlight 👉 Traders, get ready—next week promises more “ignoring PCE” moments that could be quite entertaining 😅

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