The last week`s performance of the USD appeared to be mixed versus other Forex currencies. The greenback was featured by extreme volatility against EUR. After US and Canada released the GDP data USD/JPY returned to its former rates.
The Dollar`s extreme volatility was primarily reasoned by the mixed results received from the U.S leading economic indicators.
On Monday, the New Home Sales report showed its seven month high. In addition, the Core Durable Goods Orders index, a leading production indicator, delivered the third straight positive result. But, however, according to official data the U.S consumers are still cautious regarding their expenses. Usually good results in consumer security bring better state of economy. But negative figures were shown by Unemployment Claims, as 584,000 individuals became jobless during the last week.

This week is promising to be very busy in terms of economic events. The leading economic publications for the week will be the Manufacturing Purchasing Managers' Index. This large volatility for USD pairs is expected to take place this week providing good opportunities for trader.