Market sentiment evaluation:
Confidence within the US Greenback is the dominant market theme at current because of hopes of a breakthrough within the US-China commerce talks and a tentative deal to keep away from one other partial US authorities shutdown.
That’s lifting USD towards the Euro, the Japanese Yen and the British Pound.
US Greenback confidence excessive
Sentiment in direction of the US Greenback stays constructive as US congressional negotiators attain a tentative deal to keep away from one other partial US authorities shutdown and US officers arrive in Beijing forward of high-level commerce talks.
In response, international shares and the US Greenback proceed to climb, with USD up towards all its main rivals.
US Greenback Index Worth Chart, Day by day Timeframe (October 26, 2018 – February 12, 2019)
Chart by IG (You possibly can click on on it for a bigger picture)
On this webinar I regarded on the newest information, on the charts of key currencies, inventory indexes and commodities, and on the forthcoming sentiment indicators on this week’s calendar.
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— Written by Martin Essex, Analyst and Editor
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