Skip to Content
News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

Free Trading Guides
Please try again

Live Webinar Events


Economic Calendar Events


Notify me about

Live Webinar Events
Economic Calendar Events






More View More
Mixed Messages From Market Sentiment Indicators as USD Strength Persists

Mixed Messages From Market Sentiment Indicators as USD Strength Persists

What's on this page

Market sentiment talking points:

- Indicators of market confidence are sending mixed signals, with AUD/JPY falling but Wall Street stable and the FTSE 100 strengthening.

- That leaves traders free to concentrate on trending assets like the USD, EUR, GBP and oil.

- In this webinar I took a look at market sentiment, confidence and positioning, as well as which markets are currently on the move.

For a longer-term outlook take a look at our Q2 forecast for USD.

Traders are currently neither putting more money into the markets nor cashing in, putting the spotlight on those markets that are currently trending such as the US Dollar and oil (up), and the Euro and British Pound (both down).

The week is also a quiet one for confidence indicators, with the only important one the University of Michigan index of US consumer sentiment, due on Friday.

Emphasizing the lack of overall drivers, the Canadian Dollar, which generally moves with the oil price, is currently failing to benefit from the present strength of crude.

Resources to help you trade the forex markets

Whether you are a new or an experienced trader, at DailyFX we have many resources to help you: analytical and educational webinars hosted several times per day, trading guides to help you improve your trading performance, and one specifically for those who are new to forex. You can learn how to trade like an expert by reading our guide to the Traits of Successful Traders.

--- Written by Martin Essex, Analyst and Editor

Feel free to contact me via the comments section below, via email at or on Twitter @MartinSEssex

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.