Market sentiment news and analysis:
- Trader sentiment is waning in global markets.
- It could be merely a correction but there is a possibility of a further move downward in the prices of stocks and government bonds.
Check out the IG Client Sentiment data to help you trade profitably.
Trading sentiment weakens
Investors are continuing to move into the perceived safety of haven currencies such as USD, JPY and CHF as risk sentiment deteriorates, hurting both stocks and government bonds.
In this webinar I looked at the major charts and whether this is a correction or the start of a new global market trend.
There’s more to read here:
- Risk Aversion Grips Markets: USD Price Up, EUR and GBP Down
- EURUSD Analysis: Short-Term Price Action Pressures Support
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,
- A guide specifically for those who are new to forex,
- And 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 martin.essex@ig.com or on Twitter @MartinSEssex
