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US Dollar Powers to Fresh Highs - We Think it Rallies Further

US Dollar Powers to Fresh Highs - We Think it Rallies Further

David Rodriguez, Head of Product

- US Dollar remains an attractive buy versus Euro, British Pound, Australian Dollar

- Heavily one-sided retail FX trader sentiment points to continued USD gains

- 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 Remains a Sell versus US Dollar for this Reason

GBPUSD - British Pound Forecast to Fall even Further versus Dollar

USDJPY - Japanese Yen Downtrend Intact, but Watch Next Moves

AUDUSD - Australian Dollar at Clear Risk of Continued Breakdown

NZDUSD - New Zealand Dollar Targets Fresh Lows

GBPJPY - British Pound Remains Attractive versus Yen

Weekly Summary of Forex Trader Sentiment and Changes in Positioning

The US Dollar uptrend remains intact as it powers to fresh highs. Here’s why we believe it may continue to strengthen versus the Euro and other major counterparts.

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

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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