- US Dollar failing at key support versus Japanese Yen, Euro at crossroads
- Strong forex correlations to US Treasury Yields help explain Dollar slide
- Until Retail FX sentiment shifts, Dollar’s slow grind lower likely to continue
Charts are viewable below.
Follow any updates on the Dollar, Yen, and other currencies via this author’s e-mail distribution list.
US Dollar Failing at Key Support versus Japanese Yen
Source: FXCM Trading Station Desktop, Prepared by David Rodriguez.
Retail FX Crowds Happy to Continue Buying into Dollar Weakness
Data source:FXCM Execution Desk data, Prepared by David Rodriguez
Follow any updates on the Dollar, Yen, and other currencies via this author’s e-mail distribution list.
Forex Correlations Summary
View forex correlations to the S&P 500, S&P Volatility Index (VIX), Crude Oil Futures prices, US Treasury Yields, and Spot Gold prices.
Data source: Bloomberg. Chart source: R SEE GUIDE ON READING THE ABOVE CHART
--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com David specializes in automated trading strategies. Find out more about our automated sentiment-based strategies on DailyFX PLUS.
Contact and follow David via Twitter: https://twitter.com/DRodriguezFX
