- Retail FX traders continue buying US Dollar, sentiment acts as contrarian signal for USD weakness
- Euro and Japanese Yen in a strong position to outperform versus Dollar, Sterling
- See full analysis below in individual currency sections
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View individual currency sections:
EURUSD - Forex Trader Sentiment Points to Further Euro Gains
GBPUSD - British Pound Outlook Remains Bearish
USDJPY - One-sided Sentiment Points to Dollar Weakness, Yen Strength
AUDUSD - Australian Dollar Forecast Unclear
NZDUSD - New Zealand Dollar Outlook Uncertain
GBPJPY - British Pound May Fall Further versus Yen
Weekly Summary of Forex Trader Sentiment and Changes in Positioning
Retail forex traders continue buying the US Dollar, and a contrarian view of crowd sentiment points to further Euro and Yen gains versus the recently-downtrodden USD.
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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