Trading Sentiment: Poor for EUR, AUD and GBP | Webinar
Trading sentiment: news and analysis:
- Sentiment in the financial markets is broadly neutral at the moment, with money flowing into the Canadian Dollar and crude oil but out of the Euro, the Australian Dollar and the Pound.
- The Italian budget, Australian interest rates and Brexit are the dominant market themes, along with the replacement for NAFTA and a shortage of crude oil.
Check out the IG Client Sentiment data to help you trade profitably.
Market sentiment analysis
Trader confidence has weakened over the past week, with the Euro, Australian Dollar and Pound all easing back but there are pockets of positive sentiment too, with the crude oil price and the Canadian Dollar both strengthening.
In this webinar, I looked at the principal market themes and how they are likely to influence currencies, stocks and commodities over the next few days.
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--- Written by Martin Essex, Analyst and Editor
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.