Risk Appetite effecting on US dollar

Scheduled event risk is going to moderate even further over the coming week – an unstable situation considering the dollar and most of its major pairings are on the edge of a breakout. Are needs of concrete, essential fodder stop the market from locating direction? Current history has indicated that it isn’t pointers like NFPs or Fed rate conclusions that identify revitalize or overturn trends; but conjecture surrounding the financial health of the US economy and wide risk sentiment. The most instant risk to constancy is G8 conference that is being held this weekend. Finance Ministers from the US, UK, France, Germany, Italy, Japan, Canada and Russia have previously met on Friday in Lecce, Italy; but the comments so far has been comparatively protected.

(source:http://www.forexcult.com/news_risk_appetite_effecting_on_us_dollar_676.html)