We’ve reached midpoint of this week’s final trading day, so let’s have a look at how traders have performed.
Euro/Dollar has given up some of the recent gains to stand point 11% in the red at noon as it moved slowly South. Turnover is high and neutral sentiment of the traders is leaning towards the short side by 7%. Gradual downtrend has provided some chances for those who were short.
Pound/Dollar has seen its trend change and the pair was back near the opening level at midday. The Cable sees a typical amount of funds and sentiment of the traders is neutral, 12% short. Trend has changed a couple of times for this pair, providing profit opportunities for both of the close to equal sides.
Dollar/Yen has moved steeply up and rise puts the pair point 38% in the green. Traded volume is average and neutral sentiment of the traders is almost at an even balance. Sharp rise suggests a successful morning session is more likely for those who had long positions.
Pound/Yen has been on a rise as well and a gain of point 35% has been posted. This pair sees a typical amount of funds and sentiment is neutral, at 3% long. There have been plenty of profit opportunities for those who were long.
Euro/Yen’s uptrend puts the pair point 27% in the green at 12 o’clock. Traded volume is high and most of the funds have been driven by bearish expectations. The rate did go higher, which has brought risks for investors.
I’m Jessica Walker and that wraps up the Midday Snapshot for Friday.

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