News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
EUR/USD
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Oil - US Crude
Mixed
Wall Street
Bearish
Gold
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
GBP/USD
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
USD/JPY
Bullish
More View more
Real Time News
  • (APAC Stocks Briefing) Dow Jones, Nasdaq 100, Nikkei 225, ASX 200 Outlook Vulnerable After 2008 High US CPI #DowJones #NASDAQ #Nikkei #ASX200 #CPI #Fed https://www.dailyfx.com/forex/market_alert/2021/05/13/Dow-Jones-Nasdaq-100-Nikkei-225-ASX-200-Outlook-Vulnerable-After-2008-High-US-CPI.html?CHID=9&QPID=917702&utm_source=Twitter&utm_medium=Dubrovsky&utm_campaign=twr https://t.co/KpkCUa9GNQ
  • The British Pound gained aggressively, placing the focus on levels that may send GBP/USD and GBP/JPY lower, with EUR/GBP still open to a turn higher. Will Sterling’s advance continue? Get your $GBP market update from @ddubrovskyFX here:https://t.co/PHoCHVc20M https://t.co/2nh9kXtEG7
  • Yuan reference rate set at 6.4612 versus USD - BBG
  • Heads Up:🇦🇺 Consumer Inflation Expectations (MAY) due at 01:00 GMT (15min) Previous: 3.2% https://www.dailyfx.com/economic-calendar#2021-05-13
  • #Bitcoin weakness intensifies following Tesla CEO Elon Musk announcing a suspension of payments with the cryptocurrency. $BTCUSD now trading just below the 49,000 level. https://t.co/nFWeCTZll3
  • The Dow Jones and S&P 500 outlook appears bleak in the near term as retail traders increase their upside exposure. At the same time, these indices confirmed bearish technical warning signs. Get your market update from @ddubrovskyFX here:https://t.co/fKCHEKUd8O https://t.co/wWHBwTkp8Q
  • Odds of a #Fed rate hike by the end of next year jumped following the US CPI report Overall bets of a 25bp hike are up about 35% since the end of last week after #NFPs We still have Fedspeak left this week, but thus far seems markets have been focusing on the data https://t.co/6JR2qzCVg9
  • 🇯🇵 Bank Lending YoY (APR) Actual: 4.8% Previous: 6.3% https://www.dailyfx.com/economic-calendar#2021-05-12
  • 🇯🇵 Foreign Bond Investment (01/MAY) Actual: ¥-73.6B Previous: ¥132.8B https://www.dailyfx.com/economic-calendar#2021-05-12
  • Heads Up:🇯🇵 Foreign Bond Investment (08/MAY) due at 23:50 GMT (15min) https://www.dailyfx.com/economic-calendar#2021-05-12
US Dollar Forecast to Rally Further, but Why Have Risks Grown?

US Dollar Forecast to Rally Further, but Why Have Risks Grown?

David Rodriguez, Head of Product

- US Dollar forecast to rally further versus Euro, Sterling, Yen

- An important pullback in positioning nonetheless warns of key risks to USD

- 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 Forecast to Depreciate Further versus Dollar

GBPUSD - British Pound Likely to Test Critical Lows

USDJPY - US Dollar Predicted to Test Highs versus Yen

AUDUSD - Australian Dollar Remains in Clear Downtrend

NZDUSD - New Zealand Dollar Likely to Fall Further

GBPJPY - Japanese Yen Remains a sell versus GBP

Weekly Summary of Forex Trader Sentiment and Changes in Positioning

US Dollar Forecast to Rally Further, but Why Have Risks Grown?

The US Dollar remains in position to strengthen further versus the Euro, Sterling, and Yen. But why might momentum slow and what are the risks?

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 Forecast to Rally Further, but Why Have Risks Grown?US Dollar Forecast to Rally Further, but Why Have Risks Grown?

Automate our SSI-based trading strategies via Mirror Trader free of charge

--- 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.

DISCLOSURES