US Dollar Forecast to Fall Even Further across the Board
Weekly Summary of Forex Trader Sentiment and Changes in Positioning
IG Client Sentiment data warns the US Dollar may continue lower against the Euro, Australian Dollar, Japanese Yen, and Gold Prices. The summary table underlines that traders remain broadly long US Dollar—a contrarian signal to go short. View individual currency rundowns in the links above.
Why and how do we use IG Client Sentiment in trading? See our guide and real-time data.
--- Written by David Rodriguez, Senior Strategist for DailyFX.com
Contact David via
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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.