DailyFX.com -

- US Dollar poised for fresh highs versus Euro, Sterling, Japanese Yen

- Until we see a material shift in crowd sentiment we’re looking for USD gains

- S&P 500 looks at little danger of reversal

Receive the Weekly Speculative Sentiment Index report via PDF via David’s e-mail distribution list.

View individual currency sections:

EURUSD - Euro Likely to Hit Fresh Lows versus Resurgent Dollar

GBPUSD - British Pound Remains at Risk for Key Reasons

USDJPY - Could Finally be Start of US Dollar Breakout vs Yen

AUDUSD - Australian Dollar Poised for Continued Weakness

SPX500 - S&P 500 Seems Unbreakable, We Favor further Gains

NZDUSD - New Zealand Currency at Continued Risk of Weakness

Weekly Summary of Forex Trader Sentiment and Changes in Positioning

US Dollar Poised to Rally Until this Changes

The US Dollar continues to surge across the board, and until we see a shift our data points favors further EURUSD and GBPUSD declines, USDJPY gains.

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 Poised to Rally Until this Changes

US Dollar Poised to Rally Until this Changes

Automate our SSI-based trading strategies via Mirror Trader free of charge

Related Articles
  1. Forex Education

    Four Currencies Under the Spotlight in 2016

    With currencies having become the “tail that wags the dog,” in terms of their impact on the global economy, these four currencies will be under the spotlight in 2016.
  2. Forex Fundamentals

    These Currencies Are The Biggest Losers Of The Stock Downturn

    Here’s a list of the hardest-hit currencies amid the global stock market mayhem.
  3. Forex Strategies

    Will the Euro Continue to Rally? (EUO)

    The euro is rallying. Should investors chase this performance or is the real opportunity on the other side of the trade?
  4. Investing News

    China’s Forex Reserves Dropped Significantly

    China’s forex​ reserves dropped by a record $93.9 billion at the end of August to $3.56 trillion because the Central Bank has been selling dollars to provide a cushion to the falling yuan​
  5. Forex

    The Pros and Cons of a Fully Convertible Rupee

    Amid the rising economic power of India, the talks of making the Indian currency fully convertible are gaining momentum. We look at the pros and cons.
  6. Forex Fundamentals

    Chinese Yuan an Unlikely Reserve Currency

    As the world's second largest economy, China's challenge to America’s dominance includes a push to make the yuan (RMB), the world’s reserve currency. Whether it can do that now is unclear.
  7. Economics

    How Currency Enforcement Helped Sink The Trans-Pacific Partnership (TTP)

    One particular barrier to trade that has received much attention of late and caused delays in negotiations of the TPP is exchange-rate manipulation, by which a country artificially devalues its ...
  8. Forex

    Top U.S Forex News Sites

    Breaking news moves forex markets. Here are the top U.S. sites for tracking forex news.
  9. Investing

    Financial News Comparison: Bloomberg Vs. Reuters (BAC, GOOG)

    Access to financial information has grown with the expansion of digital news. Bloomberg and Thomson Reuters lead the pack, claiming a majority of the business information market.
  10. Economics

    Who Benefits From South Korea's Lowered Interest Rates?

    South Korea is the latest country to cut interest rates in an attempt to stimulate economic growth.
COMPANIES IN THIS ARTICLE
Trading Center