Market Alert - US Dollar

USD Sentiment Stretched at 77% Bullish Extreme

Public opinion has now reached a bullish level of 77% on the US dollar, coincident with prior peaks in the currency over the last ten years. Any sustained decline in the USD in the coming weeks could provide the necessary fuel to awaken the commodity sector, which has been under constant pressure for the past two years.

Public opinion on the US dollar is reaching a bullish extreme and consistent with prior levels where the dollar topped out.