It’s 12 PM GMT this Wednesday, and the Dukascopy TV team is here with another Midday Snapshot. Euro/Dollar shifted South by 51 pips to trade slightly in the red at noon. Turnover is low and sentiment of the traders is neutral, 5% long. Decline makes profits more likely for bears, but both the passive trading and relatively narrow rate movement range should limit any moves in funds. Pound/Dollar has been calmer than usual, volatility measures at 57 pips, but the pair sees a typical amount of funds. Neutral sentiment of the traders is 6% long. No significant moves in trading accounts are likely due to the flat rate movement. Dollar/Yen has walked in a total range of just 28 pips, while attracting 42% less than typical funds. Neutral sentiment of the traders is 8% short. Fourth of July holiday makes trading lighter here as well, so no major profits or losses should be expected. Pound/Yen shows a similar picture as the pair has traded in a total range of 55 pips, while traders have used 25% less than average funds. Neutral sentiment is leaning towards the long side by 12%. Only limited profit opportunities here as well due to the calm trading session. Euro/Yen has moved South by 46 pips and traded volume is extremely low. Most of the funds have been in short positions. Decline was good news for traders, but upside potential is limited by the slow trading and calm rate movement. And that’s how things look so far. I’m Jack Everitt and goodbye for now.
It’s 12 PM GMT this Wednesday, and the Dukascopy TV team is here with another Midday Snapshot.
Euro/Dollar shifted South by 51 pips to trade slightly in the red at noon. Turnover is low and sentiment of the traders is neutral, 5% long. Decline makes profits more likely for bears, but both the passive trading and relatively narrow rate movement range should limit any moves in funds.
Pound/Dollar has been calmer than usual, volatility measures at 57 pips, but the pair sees a typical amount of funds. Neutral sentiment of the traders is 6% long. No significant moves in trading accounts are likely due to the flat rate movement.
Dollar/Yen has walked in a total range of just 28 pips, while attracting 42% less than typical funds. Neutral sentiment of the traders is 8% short. Fourth of July holiday makes trading lighter here as well, so no major profits or losses should be expected.
Pound/Yen shows a similar picture as the pair has traded in a total range of 55 pips, while traders have used 25% less than average funds. Neutral sentiment is leaning towards the long side by 12%. Only limited profit opportunities here as well due to the calm trading session.
Euro/Yen has moved South by 46 pips and traded volume is extremely low. Most of the funds have been in short positions. Decline was good news for traders, but upside potential is limited by the slow trading and calm rate movement.
And that’s how things look so far. I’m Jack Everitt and goodbye for now.
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