We’re halfway through this week’s last trading day, so let’s look back at the rate movements and trader performance. Euro/Dollar has been calmer than usual, trading in a total range of 53 pips, but the pair sees an average amount of funds. Neutral sentiment of the traders is leaning towards the long side by 14%. Both sides have seen only limited profit chances due to the relatively narrow price movement range. Pound/Dollar declined slightly early on, but a following rise puts the pair point 23% in the green. The Cable has attracted 41% less than typical funds and neutral sentiment is 14% short. Bears had some chances early on, but the change in trend was good news for bulls. Dollar/Yen has been on a rise, moving towards the 110 level by a total of 71 pips. Turnover is typical and neutral sentiment of the traders is 13% long. Uptrend suggests a successful morning session for those who had long positions. Pound/Yen rose sharply and the pair stood point 83% in the green at 12 o’clock. Trading has been passive, volume is extremely low and most of the traders have been forecasting the pair to head lower. It went in the opposite direction to those forecasts, but the calm trading approach should cushion losses. Euro/Yen has gained almost 100 pips, but traders have used 19% less than typical funds trading this pair. Bullish sentiment of the market players is 25% long. Rises suggest a successful start of the day for investors. I’m Jack Everitt and that’s how traders have performed by noon GMT on this Friday.
We’re halfway through this week’s last trading day, so let’s look back at the rate movements and trader performance.
Euro/Dollar has been calmer than usual, trading in a total range of 53 pips, but the pair sees an average amount of funds. Neutral sentiment of the traders is leaning towards the long side by 14%. Both sides have seen only limited profit chances due to the relatively narrow price movement range.
Pound/Dollar declined slightly early on, but a following rise puts the pair point 23% in the green. The Cable has attracted 41% less than typical funds and neutral sentiment is 14% short. Bears had some chances early on, but the change in trend was good news for bulls.
Dollar/Yen has been on a rise, moving towards the 110 level by a total of 71 pips. Turnover is typical and neutral sentiment of the traders is 13% long. Uptrend suggests a successful morning session for those who had long positions.
Pound/Yen rose sharply and the pair stood point 83% in the green at 12 o’clock. Trading has been passive, volume is extremely low and most of the traders have been forecasting the pair to head lower. It went in the opposite direction to those forecasts, but the calm trading approach should cushion losses.
Euro/Yen has gained almost 100 pips, but traders have used 19% less than typical funds trading this pair. Bullish sentiment of the market players is 25% long. Rises suggest a successful start of the day for investors.
I’m Jack Everitt and that’s how traders have performed by noon GMT on this Friday.
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