Forex Sentiment Points to Major Dollar Turn - What Might Confirm?
We’re at a potentially big turning point for the Euro against the US Dollar as our forex sentiment data favors Greenback strength. What could confirm?
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Weekly Summary of Forex Trader Sentiment and Changes in Positioning
Our proprietary Speculative Sentiment Index data recently showed that retail FX traders hit their most short EURUSD on record, and a recent shift in sentiment warns that we might be at an important turning point for the Dollar more broadly.
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--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com
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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.