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Forex: Market Sentiment Positive for EUR, Negative for USD

Forex: Market Sentiment Positive for EUR, Negative for USD

Martin Essex, MSTA,

Talking Points

- Sentiment remains upbeat in the financial markets overall.

- Business and consumer confidence indicators are painting an optimistic picture.

- In this webinar, DailyFX Analyst and Editor Martin Essex looks at market sentiment and the events coming up that are likely to influence it, and therefore have an impact on asset prices.

Check out our Trading Guides: they’re free and several new ones are now available including Forex for Beginners, Building Confidence and Traits of Successful Traders

The Ifo business climate index for Germany, released Tuesday, suggests that German business remains optimistic about the future, and further indicators due on Thursday and Friday for the US, the UK and the Euro-Zone will likely paint a positive picture too.

IG Client Sentiment data are currently sending out bullish signals for both the Euro and the Yen against the Dollar while in the stock markets the usual Santa rally is lifting prices.

--- Written by Martin Essex, Analyst and Editor

To contact Martin, email him at

Follow Martin on Twitter @MartinSEssex

For help to trade profitably, check out the IG Client Sentiment data

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