US Dollar Likely to Hit Fresh Lows versus Euro, Sterling, and Yen
- Australian and New Zealand Dollars nonetheless may underperform
- See full analysis below in individual currency sections
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View individual currency sections:
Weekly Summary of Forex Trader Sentiment and Changes in Positioning
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.
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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.