Japanese Yen Remains an Attractive Sell Opportunity until this Changes
- See full analysis below in individual currency sections
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Weekly Summary of Forex Trader Sentiment and Changes in Positioning
The US Dollar is at risk of further weakness versus the Euro, but until we see a sustained shift we predict the USDJPY will trade higher as the Yen tumbles.
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.