Markets

Market Sentiment Data: Bearish Signals for GBP, Gold and Bitcoin

DailyFX.com -

Market sentiment talking points:

- The dominant themes in the markets at present are a strong US Dollar and a buoyant oil price.

- However, both CAD and AUD are holding their ground as EUR and GBP suffer.

- In this webinar, DailyFX Analyst and Editor Martin Essex looked at market sentiment, confidence and positioning as well as the key sentiment data to be released later this week.

For more information, c heck out the IG Client Sentiment data to help you trade profitably.

The most important themes in the financial markets at present are a strong USD on hopes of a ceasefire in the US-China trade war and a buoyant oil price on fears of a disruption in Venezuelan su p plies .

However, some assets are holding up better than others, with AUD and CAD looking better placed against the USD than EUR or GBP.

Meanwhile, there are plenty of forward-looking business and consumer confidence indicators due to be released this week; more information is in this recording of today's market sentiment webinar.

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Whether you are a new or an experienced trader, at DailyFX we have many resources to help you: analytical and educational webinars hosted several times per day, trading guides to help you improve your trading performance, and one specifically for those who are new to forex . You can l earn how to trade like an expert by reading our guide to the Traits of Successful Traders .

--- 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

original source

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

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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