Published by Mark Smith-HalvorsenAnalysis of buying trends in the currency futures market suggest the dollar may be about to turn a corner, it has been claimed.Daily FX currency strategist David Rodriguez has explained that the dollar looks set to continue its recent rally against the euro and other major counterparts, although further volatility is expected.Figures from the US Commodities Futures Trading Commission show that non-commercial traders, who commonly pursue speculative buying strategies, remain heavily short on the greenback."We have and will continue to argue that such one-sided sentiment leaves clear currencies at risk of further correction," said Rodriguez, adding that it "remains crucial" to watch the euro/dollar pair for signs of a break below 1.4700.In its strategy outlook for the dollar this week, Daily FX anticipated sustained and substantial volatility, with choppy trade making it difficult to establish firm strategy biases in one direction or another."We advise a great deal of caution on especially indecisive FX market conditions," the site commented.For more information on international payments, visit our Smart FX site