US Dollar Likely to Continue Lower, but Reversal Risk High

US Dollar Likely to Continue Lower, but Reversal Risk High

US Dollar sentiment and positioning shows that large speculators continue to bet on weakness, warning against taking aggressive bullish positions in the downtrodden US currency. Yet the potential for material reversal is growing amidst high leverage on Greenback-bearish bets.

Published Apr 13, 2011.
Read more: Daily FX via Yahoo! Finance

Leave a Reply

You must be logged in to post a comment.