It’s noon GMT on this Tuesday, so let’s look back at rate movements and trader performance. Euro/Dollar has had a slow day, as the daily volatility reaches just 35 pips and the pair stood just a fraction in the red at noon. Traded volume is 23% down from the monthly average, and the neutral traders’ sentiment stands at 3% long. The slow day probably means little shifts in funds. Pound/Dollar went down by 108 pips this morning, although a subsequent recovery left it point 45% in the red at midday. This pair sees the usual amount of funding, and the sentiment is neutral, almost at a balance. Bears have been in better positions so far. There’s little movement to speak of for Dollar/Yen, and the rate was essentially unchanged after 12 hours of trading. Trading has been slow as well, and short positions prevail just by 4%. Once again, it has not been a great day for profits. Pound/Yen plunged by 121 pips after 5 o’clock in the morning, and the total loss reached point 46% at midday. Traded volume is in line with the monthly average, but most traders indeed had anticipated a decline, as short positions are up by 39%. This suggests that, at least for this instrument, it has been a great day for profits. And Euro/Yen was back near the opening level after walking in the total range of 52 pips. Traded volume is close to this pair’s usual amount, and the sentiment is neutral at 8% long. Success depends on timing as the trend was shifting during the day. I’m Kiays Khalil and this was the Midday Snapshot. You may track the latest developments with the hourly updates.
It’s noon GMT on this Tuesday, so let’s look back at rate movements and trader performance.
Euro/Dollar has had a slow day, as the daily volatility reaches just 35 pips and the pair stood just a fraction in the red at noon. Traded volume is 23% down from the monthly average, and the neutral traders’ sentiment stands at 3% long. The slow day probably means little shifts in funds.
Pound/Dollar went down by 108 pips this morning, although a subsequent recovery left it point 45% in the red at midday. This pair sees the usual amount of funding, and the sentiment is neutral, almost at a balance. Bears have been in better positions so far.
There’s little movement to speak of for Dollar/Yen, and the rate was essentially unchanged after 12 hours of trading. Trading has been slow as well, and short positions prevail just by 4%. Once again, it has not been a great day for profits.
Pound/Yen plunged by 121 pips after 5 o’clock in the morning, and the total loss reached point 46% at midday. Traded volume is in line with the monthly average, but most traders indeed had anticipated a decline, as short positions are up by 39%. This suggests that, at least for this instrument, it has been a great day for profits.
And Euro/Yen was back near the opening level after walking in the total range of 52 pips. Traded volume is close to this pair’s usual amount, and the sentiment is neutral at 8% long. Success depends on timing as the trend was shifting during the day.
I’m Kiays Khalil and this was the Midday Snapshot. You may track the latest developments with the hourly updates.
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