The latest Malcolm Gladwell book, Outliers, should be a must read for anyone who trades.

Scheduled event risk will moderate even further over the coming week –- a precarious position considering the dollar and most of its major pairings are on the verge of a breakout.

Volatility expectations have generally trended lower ahead of what seems to be a week of limited Euro Zone economic event risk.

The Japanese yen the past week mostly lower, as FX carry trades made headway.  However, the inability of US equities to make a clear break above their recent highs and tight consolidations suggest that the JPY crosses could see some sort of break this coming week.

The British pound experienced broad weakness on Friday after spending most of the week as the strongest of the majors, as risk appetite continues to be one of the sole forces behind GBP/USD strength. In this coming week, though, fundamental forces could start to play a bigger role.

The US dollar was the strongest of the majors on Friday as the currency staged a solid rebound against the Canadian dollar, Swiss franc, British pound, euro, Japanese yen, and Australian dollar.

The feds were spending trillions of dollars without really knowing what they were doing.

The US dollar was the weakest of the majors as increased risk appetite drove up demand for FX carry trades and US equities.

There's nothing dull about the economic news.