– 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
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.
— 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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