Market Sentiment Improving but Traders Still Risk-Averse | Webinar
Market sentiment analysis:
- Confidence in the markets generally is rising but money is still flowing into safe havens such as the Japanese Yen, Swiss Franc and gold.
- One exception is the US Dollar, which continues to weaken.
Market confidence returning
Trading sentiment in the financial markets is improving but the safe havens such as the Swiss Franc, Japanese Yen and gold are still in demand from safe-haven traders. One reason is continuing concern about the US-China trade war even though a ceasefire seemed to have been agreed at the weekend, and that is undermining the US Dollar.
In this webinar, I looked at the charts of all the major currencies, commodities and stocks, and at how they might move in the days to come, as well as at the sentiment releases on the economic calendar.
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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.