News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
More View more
Real Time News
  • US 10-YEAR YIELD RISES TO 1.53%, LAST WEEK IT WAS SITTING BELOW 1.30%. THE RAPID INCREASE IN TREASURY RATES IS BAD FOR TECH STOCKS, NASDAQ AT RISK, $ARKK COULD ALSO SUFFER HEAVY LOSSES #TRADIDG $NDX
  • there it is $USDJPY up for a test of the 2021 high fibo level at 111.61, next major level at 112.50 this zone has held the highs in 2019, 2020 and so far in 2021 https://t.co/PwShmUDOn0 https://t.co/in6dnrIq0Q
  • ...let's see how far the brinkmanship goes and whether the rating agencies feel a rating downgrade is necessary for the constant pressure on its finances
  • - Financial markets have brought forward prospects for BoE tightening into 2022, this is not supportive for inflation surge
  • Treasury Secretary Yellen will no doubt be touching on this at today's Senate Finance Committee meeting, but she has sent a formal letter to Congress to say the US will likely hit its debt ceiling by October 18th
  • US likely to hit debt ceiling by October 18th - Treasury Secretary Yellen
  • - Signal from 5y5y inflation measures is not troubling
  • BoE's Mann - Price growth for natural gas is pretty extreme, but need to look if it will continue $GBP
  • 🇺🇸 House Price Index MoM (JUL) Actual: 1.4% Previous: 1.7% https://www.dailyfx.com/economic-calendar#2021-09-28
  • The continuity seen across these volatility cycles is a good thing. Historical precedence offer a blueprint for identifying conditions supportive for a vol-event to occur, and how they may unfold. Deepen your knowledge of historical volatility here: https://t.co/vg7w10la3j https://t.co/33WwUNpHJg
US Dollar Forecast to Hit Further Highs versus Euro, Majors

US Dollar Forecast to Hit Further Highs versus Euro, Majors

David Rodriguez, Head of Product

- US Dollar in a position to outperform versus Euro, Yen, other major counterparts

- Sentiment may flip on key pairs for the first time in months – major shift

- 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 Forecast to Hit Further Lows on Major Sentiment Shift

GBPUSD - British Pound Shows Early Signs of Turnaround

USDJPY - US Dollar May Have Turned versus Japanese Yen

AUDUSD - Australian Dollar Likely to test Key Lows

NZDUSD - New Zealand Dollar Forecast to Tumble Further

GBPJPY - British Pound Turns Higher versus the Japanese Yen

Weekly Summary of Forex Trader Sentiment and Changes in Positioning

US Dollar Forecast to Hit Further Highs versus Euro, Majors

The US Dollar is in a position to outperform versus the Euro, Japanese Yen, and other major counterparts. Here are the factors we’re 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.

US Dollar Forecast to Hit Further Highs versus Euro, Majors

--- 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.

DISCLOSURES