US Dollar Rallies to Critical Levels versus Euro, Yen. What's Next?
- Key signs nonetheless warn that major USD pairs are near turning points
- Critical to watch FX sentiment into new month, end of summer trading
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Weekly Summary of Forex Trader Sentiment and Changes in Positioning
The US Dollar remains likely to rally further versus the Euro, Sterling, and Yen. Yet early signs warn of important reversal in major FX pairs.
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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.