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US Dollar Looks like a Sell versus Euro and Japanese Yen

David Rodriguez

DailyFX.com -

- Retail FX traders continue buying US Dollar, sentiment acts as contrarian signal for USD weakness

- Euro and Japanese Yen in a strong position to outperform versus Dollar, Sterling

- 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 - Forex Trader Sentiment Points to Further Euro Gains

GBPUSD - British Pound Outlook Remains Bearish

USDJPY - One-sided Sentiment Points to Dollar Weakness, Yen Strength

AUDUSD - Australian Dollar Forecast Unclear

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NZDUSD - New Zealand Dollar Outlook Uncertain

GBPJPY - British Pound May Fall Further versus Yen

Weekly Summary of Forex Trader Sentiment and Changes in Positioning

US Dollar Looks like a Sell versus Euro and Japanese Yen
US Dollar Looks like a Sell versus Euro and Japanese Yen

Retail forex traders continue buying the US Dollar, and a contrarian view of crowd sentiment points to further Euro and Yen gains versus the recently-downtrodden USD.

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 Looks like a Sell versus Euro and Japanese Yen
US Dollar Looks like a Sell versus Euro and Japanese Yen
US Dollar Looks like a Sell versus Euro and Japanese Yen
US Dollar Looks like a Sell versus Euro and Japanese Yen

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--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com

To receive the Speculative Sentiment Index and other reports from this author via e-mail, sign up for his distribution list via this link.

Contact David via

Twitter at http://www.twitter.com/DRodriguezFX


original source

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