Market Sentiment Positive Towards USD, Negative Elsewhere | Webinar
Market sentiment analysis:
- Confidence in the US Dollar is high and stock markets remain near their peaks.
- However, sentiment is broadly negative towards most other assets.
US Dollar the currency of choice
US Dollar Index Price Chart, Daily Timeframe (April 4 – July 23, 2019)
Chart by IG (You can click on it for a larger image)
In this webinar, I looked at the charts of the major currencies, stock markets and commodities, at the sentiment indicators on the calendar this week and at the IG Client Sentiment Data.
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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.