Thursday, June 18, 2015

US Dollar Forecast to Decline Further Until this Changes




– Heavily one-sided forex trader positions leave focus on US Dollar losses



– Focus remains on Euro, British Pound, and Japanese Yen



– See full analysis below in individual currency sections



Receive the Weekly Speculative Sentiment Index report via PDF via David’s e-mail distribution list.



View individual currency sections:



EURUSD – Heavily One-sided Trades Point to Euro Gains



GBPUSD – British Pound Forecast to Gain on Material Shift in Positions



USDJPY – Dollar May Lose Further versus Japanese Yen



AUDUSD – Australian Dollar Outlook Shifts on Sentiment Change



NZDUSD – New Zealand Dollar Remains in Fairly Clear Downtrend



GBPJPY – British Pound Forecast to Appreciate versus Yen



Weekly Summary of Forex Trader Sentiment and Changes in Positioning


US Dollar Forecast to Decline Further Until this Changes



The US Dollar looks likely to continue lower versus the Euro, British Pound, and Japanese Yen until this changes.



See specific US Dollar forecasts in the sections above, and sign up for future e-mail updates via this author’s e-mail distribution list.


US Dollar Forecast to Decline Further Until this Changes



Written by David Rodriguez, Quantitative Strategist for DailyFX.com



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US Dollar Forecast to Decline Further Until this Changes

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