Economy concern for the forex traders

Trading remains short term oriented and influenced by the wiggles and waggles from both a fundamental and technical perspective.  Fundamentally, the global economy has a lot of balls in the air:

• UK election/UK growth and inflation
• US policy/US 2Q growth after sub par 1Q
• EU recovery off a low base/Just starting QE (Sept 2016 proposed end date)/ Greece
• Japan 1.05 or 1.30?  Better or worse?
• AUD lower commodity prices, China concerns, but stronger housing and today's employment was a potential game changer
• CAD lower oil price but economy weathered the storm(?)/too strong housing market 
• NZD commodity and China concerns, but higher housing.

This fundamental dynamic is tricky and therefore, markets are reacting accordingly.  Don't love positions for too long as the up and down volatility can be frustrating.