- US Dollar likely to appreciate further versus Euro, Sterling, Yen
- 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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View individual currency sections:
EURUSD - Euro Remains a Sell Until this Changes
GBPUSD - British Pound Targets Fresh Lows versus the US Dollar
USDJPY - US Dollar at Make-or-Break Levels versus Japanese Yen
AUDUSD - Australian Dollar Shows Signs of Important Reversal
SPX500 - S&P 500 Hesitates, but Further Gains Seem Likely
NZDUSD - New Zealand Dollar May Trade to $0.8050
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.
See specific US Dollar forecasts in the sections above, and sign up for future e-mail updates via this author’s e-mail distribution list.
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--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com
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