- Retail forex traders have bought aggressively into US Dollar weakness
- A contrarian view of crowd sentiment favors further Dollar declines vs. Euro, Sterling
- Technical forecasts line up well with our sentiment-based trading strategies
Receive the Weekly Speculative Sentiment Index report via PDF via David’s e-mail distribution list.
View individual currency sections:
EURUSD - Euro May Have Turned the Corner
GBPUSD - British Pound Could Accelerate Higher
EURJPY - Japanese Yen at a Potentially Significant Turning Point
Gold - Further Gold Gains Seem Unlikely
SPX500 - S&P 500 Pullback Not Yeta Cause for Concern
AUDUSD - Respect the Australian Dollar Downtrend
Weekly Summary of Forex Trader Sentiment and Changes in Positioning
![ssi_table_story_body_Picture_16.png, Euro and British Pound Might Accelerate Higher versus the Dollar](http://media.dailyfx.com/illustrations/2014/01/23/ssi_table_story_body_Picture_16.png)
Trading crowds have bought aggressively into US Dollar weakness versus the Euro and British Pound, and our sentiment-based FX forecasts favor continued USD declines.
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.
![ssi_table_story_body_ssi.png, Euro and British Pound Might Accelerate Higher versus the Dollar](http://media.dailyfx.com/illustrations/2014/01/23/ssi_table_story_body_ssi.png)
![ssi_table_story_body_Picture_13.png, Euro and British Pound Might Accelerate Higher versus the Dollar](http://media.dailyfx.com/illustrations/2014/01/23/ssi_table_story_body_Picture_13.png)
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--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com
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