Major US Dollar and Yen Pairs May Have Finally Turned the Corner
- Japanese Yen likely to trade lower amidst significant sentiment extremes
- Australian Dollar may be top trade opportunity for two key reasons
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Weekly Summary of Forex Trader Sentiment and Changes in Positioning
Last week our retail forex sentiment data accurately pointed to Euro and US Dollar strength and Japanese Yen weakness. Now what?
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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.