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US Dollar Likely to Hit Fresh Lows versus Euro, Sterling, and Yen

US Dollar Likely to Hit Fresh Lows versus Euro, Sterling, and Yen

David Rodriguez, Head of Product

- US Dollar stops and reverses, may fall further versus Euro, Sterling, Yen

- Australian and New Zealand Dollars nonetheless may underperform

- 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 Sets Potentially Significant Low versus US Dollar

GBPUSD - British Pound May Rally Further versus USD

USDJPY - Danger Grows of Larger Correction in USDJPY

AUDUSD - Australian Dollar No Longer a Clear Sell versus Greenback

NZDUSD - New Zealand Dollar Gains May Slow

GBPJPY - British Pound at Risk of Break Lower versus Yen

Weekly Summary of Forex Trader Sentiment and Changes in Positioning

US Dollar Likely to Hit Fresh Lows versus Euro, Sterling, and Yen

The US Dollar has stopped and reversed at major price levels. We see evidence the Greenback may continue lower versus the Euro, Sterling, and Japanese Yen.

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.

US Dollar Likely to Hit Fresh Lows versus Euro, Sterling, and YenUS Dollar Likely to Hit Fresh Lows versus Euro, Sterling, and Yen

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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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