The Dukasopy TV Team is once again bringing you the Midday Snapshot where we take a look at how market participants have performed over the morning session. I’m Sinead MacLaughlin. We start with the euro/Dollar, which has been moving South and it stood point 42% in the red at midpoint of this trading day. Turnover is 29% short of the monthly average and the sentiment is strongly bullish, 43% long. Losses are more for investors, but they should be cushioned by the slow trading. Pound/Dollar has been on a slide from the early high and a loss of point 54% was recorded at noon. The Cable sees just close to half of the monthly average funds and the sentiment is neutral, 7% long. There have been plenty of chances for bears, but moves in funds should be limited by the passive trading. Dollar/Yen has been trending North, reaching the daily high at just slightly above the level of 109. Trading has been typical in terms of volume and the sentiment is bearish, 18% short. Rate has been moving higher today, making losses more likely for investors. Pound/Yen’s rise was followed by a slide and the pair was only a fraction in the red at midday. Traded volume is extremely low and the sentiment is neutral, 1% short. Both sides have seen their chances and risks, but moves in funds should be limited by the calm trading. Euro/Yen was back at the opening level after walking in a total range of 47 pips. Traded volume is low and the sentiment is neutral, 4% long. Bulls, just like bears have had their opportunities today, but the low activity suggests profits and losses shouldn’t be major. You’ve been watching the Midday Snapshot for Friday. Stay tuned throughout the day for the very latest updates of these stats.
The Dukasopy TV Team is once again bringing you the Midday Snapshot where we take a look at how market participants have performed over the morning session. I’m Sinead MacLaughlin.
We start with the euro/Dollar, which has been moving South and it stood point 42% in the red at midpoint of this trading day. Turnover is 29% short of the monthly average and the sentiment is strongly bullish, 43% long. Losses are more for investors, but they should be cushioned by the slow trading.
Pound/Dollar has been on a slide from the early high and a loss of point 54% was recorded at noon. The Cable sees just close to half of the monthly average funds and the sentiment is neutral, 7% long. There have been plenty of chances for bears, but moves in funds should be limited by the passive trading.
Dollar/Yen has been trending North, reaching the daily high at just slightly above the level of 109. Trading has been typical in terms of volume and the sentiment is bearish, 18% short. Rate has been moving higher today, making losses more likely for investors.
Pound/Yen’s rise was followed by a slide and the pair was only a fraction in the red at midday. Traded volume is extremely low and the sentiment is neutral, 1% short. Both sides have seen their chances and risks, but moves in funds should be limited by the calm trading.
Euro/Yen was back at the opening level after walking in a total range of 47 pips. Traded volume is low and the sentiment is neutral, 4% long. Bulls, just like bears have had their opportunities today, but the low activity suggests profits and losses shouldn’t be major.
You’ve been watching the Midday Snapshot for Friday. Stay tuned throughout the day for the very latest updates of these stats.
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