Skip to Content
News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

Free Trading Guides
Please try again

Live Webinar Events


Economic Calendar Events


Notify me about

Live Webinar Events
Economic Calendar Events






More View More
Forex Traders End the Year Short the Euro, We Like Buying

Forex Traders End the Year Short the Euro, We Like Buying

David Rodriguez, Head of Product


Why and how do we use the SSI in trading? View our video and download the free indicator here

EURUSD – Retail forex traders remain short the Euro versus the US Dollar, and a contrarian view of crowd sentiment calls for further near-term gains.

Indeed, the ‘crowd’ has remained net-short EUR/USD since it rallied sharply following the European Central Bank interest rate decision through early December. Until this changes we see little reason to call for a meaningful turn lower. This remains especially true on the low volatility period into the New Year.

See next currency section: GBPUSD - British Pound Remains Likely to Fall Further

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

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.