Few Changes in Positioning Keeps USD on Rangebound Track
DailyFX.com -
EURUSD - Crowd Remains Net-Short Euro, but Longs Starting to Build
GBPUSD - British Pound in Favor Over $1.5400 among Retail FX
USDJPY - Range Remains, but Retail Lines Up for JPY Weakness
AUDUSD - Australian Dollar Sentiment Shifts into Neutral
NZDUSD - New Zealand Dollar Outlook Mixed as Crowd Flips
GBPJPY - Crowd Piles into Long GBPJPY Positions
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Sharp shifts in forex trader sentiment warn that the US Dollar is likely to offer range-trading opportunities versus the Euro and Yen.
See specific US Dollar forecasts in the sections below, and sign up for future e-mail updates via this author’s e-mail distribution list.
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--- Written by Christopher Vecchio, Currency Strategist
Follow him on Twitter at @CVecchioFX
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