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US Dollar Looks like an Attractive Buy versus Euro, Sterling, Yen

US Dollar Looks like an Attractive Buy versus Euro, Sterling, Yen

2014-10-23 15:30:00
David Rodriguez, Head of Product
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- US Dollar uptrend remains intact as it reverses off of key lows

- A steady shift in FX trading crowd positions points to further Greenback strength

- 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 Clear Risk of Further Declines

GBPUSD - British Pound Remains a Sell versus the Dollar

USDJPY - USD Looks like a Buy versus the Yen

AUDUSD - Australian Dollar Likely to Break Lower versus Greenback

NZDUSD - New Zealand Dollar Targets Fresh Lows

GBPJPY - British Pound Could Trade Higher versus Japanese Yen

Weekly Summary of Forex Trader Sentiment and Changes in Positioning

US Dollar Looks like an Attractive Buy versus Euro, Sterling, Yen

The US Dollar remains a buy as our FX trader data shows it is likely to continue higher versus the Euro, Sterling, and Yen. Here’s what we’re watching.

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 Looks like an Attractive Buy versus Euro, Sterling, YenUS Dollar Looks like an Attractive Buy versus Euro, Sterling, 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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