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Few Changes in Positioning Keeps USD on Rangebound Track

Few Changes in Positioning Keeps USD on Rangebound Track

Christopher Vecchio, CFA, Senior Strategist

EURUSD - Crowd Remains Net-Short Euro, but Longs Starting to Build

GBPUSD - British Pound in Favor Over $1.5400 among Retail FX

USDJPY - Range Remains, but Retail Lines Up for JPY Weakness

AUDUSD - Australian Dollar Sentiment Shifts into Neutral

NZDUSD - New Zealand Dollar Outlook Mixed as Crowd Flips

GBPJPY - Crowd Piles into Long GBPJPY Positions

Looking for more information on the SSI?

Watch a video guide on the Speculative Sentiment Index from our FXCM Expo

Few Changes in Positioning Keeps USD on Rangebound Track

Sharp shifts in forex trader sentiment warn that the US Dollar is likely to offer range-trading opportunities versus the Euro and Yen.

See specific US Dollar forecasts in the sections below, and sign up for future e-mail updates via this author’s e-mail distribution list.

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Few Changes in Positioning Keeps USD on Rangebound Track

--- Written by Christopher Vecchio, Currency Strategist

Follow him on Twitter at @CVecchioFX

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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

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