Forex Sentiment Points to USD Strength versus these Currencies
- Retail forex trader data shows that the majority remains steadily short the US Dollar
- A contrarian view of crowd sentiment points to USD strength versus the Euro and others
- Why do we use retail sentiment as a contrarian indicator? View our guide and download here
Receive the Weekly Speculative Sentiment Index report via PDF via David’s e-mail distribution list.
View individual currency sections:
Weekly Summary of Forex Trader Sentiment and Changes in Positioning
Retail forex traders remain heavily short the US Dollar. Our analysis points to continued USD gains against these key currencies.
Why and how do we use the SSI in trading? View our video and download the free indicator here
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.
--- 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.