Dollar has so far started the week strongly after last week's massive rally. Dollar is trading at 99.50, up 0.16% for the day so far.
- Last week Dollar is up 3.36% against Euro, 2.83% against Franc, 1.90% against Pound, 1.04% against Yen, 0.57% against New Zealand Dollar, 0.17% against Canadian dollar. Aussie is the only currency among these that rose against dollar, by 1.17%.
However, several technical indicator is denoting that the current rally remains vulnerable due to extreme one sided sentiment.
Preview of economic dockets that might impact dollar rally this week -
- Wednesday, April 15th - ECB interest rate decision at 11:45 GMT and press conference might pop up Euro, thus ending dollar's rally. It might also reignite the rally.
- Wednesday, April 15th - Bank of Canada (BOC) rate decision at 14:00 GMT. Rate cut will provide boost to dollar.
- Friday, April 17th - Consumer price index data from US at 12:30 GMT.
Probabilities are high that Euro might break to new yearly low this week, over ECB monetary policy minutes. Euro is currently trading at 1.06 against dollar.


Alcohol is one of the most dangerous drugs, yet its presence is ubiquitous in social settings and celebrations
Smartphones are helping filmmakers tell the stories the movie industry overlooks
Gold Pulls Back After Hitting $4,180 as Geopolitical Risk Sends Crude Higher
Gold Surges Past $4150 on Dovish Fed Signals and Weak Jobs Data; Bullish Outlook Prevails
Goldman AM Sees Strong Buyout Opportunities in Japan, South Korea and Australia
Bank of America Upgrades T-Mobile to Buy, Says LEO Satellite Fears Are Overdone
Goldman Sachs Says China Competition Weighs More on EU Growth Than Trade Deficit
In a rebuke to Trump, the Supreme Court rules that birthright citizenship is the law of the land 



