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Dollar Regains Control as Retail FX Traders Switch Direction

Dollar Regains Control as Retail FX Traders Switch Direction

David Rodriguez, Head of Product

- US Dollar forecast turns bullish on substantial swing in forex sentiment

- Focus turns to Euro, Sterling, and Commodity Bloc as pairs break key lows

- 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 - Sharp Shift in Euro Sentiment Warns of Losses

GBPUSD - British Pound Breakdown Favors Continued Declines

USDJPY - US Dollar Looks Shaky versus Japanese Yen

AUDUSD - Australian Dollar Forecast to Continue Lower

NZDUSD - New Zealand Dollar Likely to Test Further Lows

GBPJPY - British Pound Outlook turns Bearish versus Yen

Weekly Summary of Forex Trader Sentiment and Changes in Positioning

Dollar Regains Control as Retail FX Traders Switch Direction

The US Dollar looks likely to continue higher. Here’s why we think so and key levels worth watching.

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.

Dollar Regains Control as Retail FX Traders Switch Direction

--- 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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