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Dollar Gains Likely versus Yen, but Watch out for Euro and Sterling

Dollar Gains Likely versus Yen, but Watch out for Euro and Sterling

David Rodriguez, Head of Product

- US Dollar remains an attractive buy versus the Japanese Yen

- Clear signs of danger nonetheless warn of Euro and Sterling bounces

- See full analysis below in individual currency sections

Receive the Weekly Speculative Sentiment Index report via PDF via David’s e-mail distribution list.

View individual currency sections:

EURUSD - Euro at Major Inflection Point

GBPUSD - GBP May Bounce, but Wait until After Scotland

USDJPY - US Dollar Targets ¥110 versus Japanese Yen

AUDUSD - Australian Dollar Remains a Sell until this Changes

GBPJPY - British Pound Could Hit Further Highs versus Japanese Yen

EURCHF - Euro Likely to Ignore SNB and Test SFr1.20

Weekly Summary of Forex Trader Sentiment and Changes in Positioning

Dollar Gains Likely versus Yen, but Watch out for Euro and Sterling

The US Dollar is at a potentially significant turning point versus the Euro and British Pound. What could confirm an important EURUSD and GBPUSD turnaround?

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.

Dollar Gains Likely versus Yen, but Watch out for Euro and SterlingDollar Gains Likely versus Yen, but Watch out for Euro and Sterling

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--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com

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 http://www.twitter.com/DRodriguezFX

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

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