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US Dollar Forecast to Rally Further, but Why Have Risks Grown?

– US Dollar forecast to rally further versus Euro, Sterling, Yen

– An important pullback in positioning nonetheless warns of key risks to USD

– See full analysis below in individual currency sections

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View individual currency sections:

EURUSD – Euro Forecast to Depreciate Further versus Dollar

GBPUSD – British Pound Likely to Test Critical Lows

USDJPY – US Dollar Predicted to Test Highs versus Yen

AUDUSD – Australian Dollar Remains in Clear Downtrend

NZDUSD – New Zealand Dollar Likely to Fall Further

GBPJPY – Japanese Yen Remains a sell versus GBP

Weekly Summary of Forex Trader Sentiment and Changes in Positioning

The US Dollar remains in position to strengthen further versus the Euro, Sterling, and Yen. But why might momentum slow and what are the risks?

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.

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Written by David Rodriguez, Quantitative Strategist for DailyFX.com

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