It’s a new trading week and time for us to see how traders have managed to work out the rate shifts during the morning session. I`m Sinead MacLaughlin. Euro/Dollar gave up the early gains after 7 o`clock, but it rose after hitting the daily low and a gain of point 22% was posted at noon. Traded volume is average and the sentiment is neutral, 11% short. Bears had some chances during the correction, but in general, bulls have been in better positions. Pound/Dollar has had a bullish start of the week and it stood point 62% in the green at 12 o`clock. The Cable has attracted 39% more than typical funds and the sentiment is bearish, 29% short. Rate has been moving up so far today, suggesting losses are more likely for investors. Dollar/Yen rose to the high of 119 15 shortly after 8 o`clock, but a following slide took it South by more than 100 pips. Traded volume is low and the sentiment is neutral, close to a balance. Steep decline makes profits more likely for traders with short positions. Pound/Yen has been moving sharply in both direction and it was point 29% in the green at midday. Trading has been typical in terms of volume and the sentiment is neutral, 12% short. The rate has been moving sharply in both direction and success depends on the time when the trades were executed. Euro/Yen has seen sharp swings in both directions as well, the pair has traded in a total range of 107 pips. Market players have traded 43% more than average funds on this pair and the sentiment is neutral, 8% short. Shifting trend has provided both of the close to equal sides with their chances and risks. That’s it for Monday’s Midday Snapshot. We`ll be updating these stats every hour, so do stay tuned.
It’s a new trading week and time for us to see how traders have managed to work out the rate shifts during the morning session. I`m Sinead MacLaughlin.
Euro/Dollar gave up the early gains after 7 o`clock, but it rose after hitting the daily low and a gain of point 22% was posted at noon. Traded volume is average and the sentiment is neutral, 11% short. Bears had some chances during the correction, but in general, bulls have been in better positions.
Pound/Dollar has had a bullish start of the week and it stood point 62% in the green at 12 o`clock. The Cable has attracted 39% more than typical funds and the sentiment is bearish, 29% short. Rate has been moving up so far today, suggesting losses are more likely for investors.
Dollar/Yen rose to the high of 119 15 shortly after 8 o`clock, but a following slide took it South by more than 100 pips. Traded volume is low and the sentiment is neutral, close to a balance. Steep decline makes profits more likely for traders with short positions.
Pound/Yen has been moving sharply in both direction and it was point 29% in the green at midday. Trading has been typical in terms of volume and the sentiment is neutral, 12% short. The rate has been moving sharply in both direction and success depends on the time when the trades were executed.
Euro/Yen has seen sharp swings in both directions as well, the pair has traded in a total range of 107 pips. Market players have traded 43% more than average funds on this pair and the sentiment is neutral, 8% short. Shifting trend has provided both of the close to equal sides with their chances and risks.
That’s it for Monday’s Midday Snapshot. We`ll be updating these stats every hour, so do stay tuned.
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