Euro Forecast has Changed as Forex Traders Switch Direction
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Weekly Summary of Forex Trader Sentiment and Changes in Positioning
A violent Euro rally has produced a similarly sharp shift in positions, and our data warns that the EUR/USD downtrend may be over. The US Dollar is increasingly at risk across the board.
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--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com
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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.