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Market Sentiment Negative Pre-FOMC | Webinar

Market Sentiment Negative Pre-FOMC | Webinar

What's on this page

Market sentiment analysis:

  • Trading sentiment remains poor as the year draws to a close.
  • However, the Federal Reserve could give it a lift if it’s dovish on interest rates this week.

Traders pessimistic

Traders in stocks, commodities and FX are almost uniformly pessimistic as business begins to dry up ahead of the holiday but confidence could yet receive a boost if Federal Reserve Chair Jerome Powell strikes a dovish note Wednesday after the expected quarter-point increase in US interest rates by the Fed.

In this webinar I looked at sentiment across the financial markets, at the economic data to keep an eye on in the days ahead, at the charts of all the major traded assets and at how prices might move near-term.

Resources to help you trade the forex markets:

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--- 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.