We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

Free Trading Guides
EUR/USD
Bullish
GBP/USD
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
USD/JPY
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Gold
Bullish
Oil - US Crude
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Bitcoin
Bullish
More View more
Real Time News
  • The most interesting and largely overlooked net speculative futures readings comes from $USDMXN which has pushed to a record low - giving some serious pause to this tentative, multi-year wedge breakdown https://t.co/Qnpdw6BURp
  • One of the more extreme, 'shorter term' speculative futures position statuses is that for $GBPUSD: https://t.co/cHVPMcgKoY
  • Net speculative gold positioning is still hovering at net long records - a similar refusal to ease up reflected in the commodity's price ($GC_F) https://t.co/YQsDxWsLrL
  • The $NZDUSD sentiment outlook is bearish, how appropriate given that prices recently took out a near-term rising support line from November ahead of this week's NZ CPI report. To learn more about this tool, join me on Wednesdays at 1:00 GMT here #NZD - https://www.dailyfx.com/webinars/998956395?CHID=9&QPID=917702 https://t.co/QN7G4MW2Mu
  • Net speculative futures positioning behind the Dollar has dropped far far further than the $DXY itself. Will price or positioning close the gap? https://t.co/LM25g00PJP
  • Forex Update: As of 21:00, these are your best and worst performers based on the London trading schedule: 🇨🇦CAD: 0.14% 🇪🇺EUR: 0.05% 🇬🇧GBP: 0.00% 🇯🇵JPY: -0.04% 🇨🇭CHF: -0.04% 🇳🇿NZD: -0.06% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/Ws5mUElh5q
  • RT @RichDvorakFX: $USD $DXY | US Dollar Faces Bearish Fundamental Headwinds from the Fed & Trade https://www.dailyfx.com/forex/fundamental/forecast/weekly/usd/2020/01/18/us-dollar-faces-bearish-fundamental-headwinds-from-the-fed-trade.html https://t.co/yNrA…
  • Commodities Update: As of 21:00, these are your best and worst performers based on the London trading schedule: Gold: 0.22% Oil - US Crude: 0.19% Silver: 0.18% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/tk8nvUnsRt
  • Top event risk coming up over the next 24 hours: BOJ rate decision (? GMT); UK jobless claims (9:30); Eurozone investor sentiment (10:00); Deadline for US-France digital tax resolution (?); World Economic Forum (all day); Netflix earnings (21:00); Korea GDP (23:00)
  • 🇳🇿 NZD Performance Services Index (DEC), Actual: 51.9 Expected: N/A Previous: 52.9 https://www.dailyfx.com/economic-calendar#2020-01-20
Sentiment Data Sending Bearish Signals for US Dollar | Webinar

Sentiment Data Sending Bearish Signals for US Dollar | Webinar

2019-10-08 12:00:00
Martin Essex, MSTA, Analyst and Editor
Share:

Market sentiment analysis:

  • IG client positioning data are flashing bearish signals for the USD against many of the other major currencies.
  • That’s despite ongoing concerns about US-China trade and a possible Turkish invasion of the Kurdish-held region of Syria.

IG Client Sentiment data bearish for USD

The latest IG retail trader positioning data suggest losses for the US Dollar despite its role as a safe haven that might have been expected to benefit from the continuing US-China trade tensions and reported preparations by Turkey for a military operation in northeast Syria after the US began pulling back troops from the border, opening the way for a Turkish attack on Kurdish forces.

IG Client Sentiment data (October 8, 2019)

IG client sentiment data.

Source: DailyFX (You can click on it for a larger image)

In this webinar, I looked at the trends in the major currency, commodity and stock markets, at the forward-looking data on the economic calendar this week, at the IG Client Sentiment data and at the IG Client Sentiment reports that accompany it.

Resources to help you trade the 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.

DISCLOSURES

News & Analysis at your fingertips.