FX Closing Comments

The Dollar was mixed to close-out the week. A combination of acceptable data (personal income, personal consumption, and PCE deflator) and marginally firm data (Michigan sentiment survey and Chicago PMI index) did little to excite traders. With a lot of uncertainty floating through the market, trade may be choppy in the coming week. The fear of Central banks reallocating reserves, the Iranian nuclear dispute, and possibly even White House political turmoil may weigh on the Dollar in coming sessions