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US Dollar Forecast to Decline Further Until this Changes

US Dollar Forecast to Decline Further Until this Changes

David Rodriguez, Head of Product

- Heavily one-sided forex trader positions leave focus on US Dollar losses

- Focus remains on Euro, British Pound, and Japanese Yen

- 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 - Heavily One-sided Trades Point to Euro Gains

GBPUSD - British Pound Forecast to Gain on Material Shift in Positions

USDJPY - Dollar May Lose Further versus Japanese Yen

AUDUSD - Australian Dollar Outlook Shifts on Sentiment Change

NZDUSD - New Zealand Dollar Remains in Fairly Clear Downtrend

GBPJPY - British Pound Forecast to Appreciate versus Yen

Weekly Summary of Forex Trader Sentiment and Changes in Positioning

US Dollar Forecast to Decline Further Until this Changes

The US Dollar looks likely to continue lower versus the Euro, British Pound, and Japanese Yen until this changes.

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 Decline Further Until this Changes

--- 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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