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  • The Federal Reserve System (the Fed) was founded in 1913 by the United States Congress. The Fed’s actions and policies have a major impact on currency value, affecting many trades involving the US Dollar. Learn more about the Fed here: https://t.co/ADSC4sIHrP https://t.co/bde30KM8OE
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Sentiment Weakening Across the Financial Markets | Webinar

Sentiment Weakening Across the Financial Markets | Webinar

Martin Essex, MSTA, Analyst

Market sentiment analysis:

Trader confidence falling

Traders are moving from riskier assets like stocks to the relative safety of havens such as the US Dollar and the Japanese Yen. While not yet a flood, confidence is trickling away on concerns about global economic growth, the US-China trade row and the partial US government shutdown.

The Euro is also under pressure from the latest ZEW survey. However, the British Pound is holding its ground on a positive employment report despite the lack of a breakthrough on Brexit.

In this webinar I looked at the charts of the major markets, the forward-looking indicators on the calendar this week and the IG client sentiment data.

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:

--- 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

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

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