It’s noon GMT on this Friday and time for us to see how the sentiment of the traders compares with the actual rate movements for the 5 currency pairs. Euro/Dollar has walked in a total range of just 35 pips, but the pair has attracted a typical amount of funds. Most of them have been driven by bullish expectations. Traders have seen only limited profit opportunities due to the flat rate movement. Pound/Dollar has been trending lower by a total of 67 pips and a loss of point 44% was posted at midday. The Cable sees 25% less than typical funds and most of the market players have been forecasting the pair to head higher. Downtrend makes losses more likely but they should be cushioned by the calm trading. Dollar/Yen has been on a rise and it has resulted in a gain of point 58%. Turnover is high and sentiment of the traders is neutral, 6% short. Rate movement has been mostly bullish, providing profit opportunities for those who had long positions. Pound/Yen rose in a couple of waves, but a late slide wiped out all of the gains at one point. Trading has been active, volume is high and neutral sentiment of the traders is close to a balance. Both sides have had their chances as the rate was back near the opening level at noon. Euro/Yen’s day has been bullish so far and the pair stood point 41% in the green at 12 o’clock. Traded volume is average and traders have been mostly forecasting the pair to head higher. It did go per those expectations, suggesting a successful morning session for investors. I’m Celeste Skinner and this is how traders have performed so far on Friday. Track the latest changes by clicking back for the hourly updates.
It’s noon GMT on this Friday and time for us to see how the sentiment of the traders compares with the actual rate movements for the 5 currency pairs.
Euro/Dollar has walked in a total range of just 35 pips, but the pair has attracted a typical amount of funds. Most of them have been driven by bullish expectations. Traders have seen only limited profit opportunities due to the flat rate movement.
Pound/Dollar has been trending lower by a total of 67 pips and a loss of point 44% was posted at midday. The Cable sees 25% less than typical funds and most of the market players have been forecasting the pair to head higher. Downtrend makes losses more likely but they should be cushioned by the calm trading.
Dollar/Yen has been on a rise and it has resulted in a gain of point 58%. Turnover is high and sentiment of the traders is neutral, 6% short. Rate movement has been mostly bullish, providing profit opportunities for those who had long positions.
Pound/Yen rose in a couple of waves, but a late slide wiped out all of the gains at one point. Trading has been active, volume is high and neutral sentiment of the traders is close to a balance. Both sides have had their chances as the rate was back near the opening level at noon.
Euro/Yen’s day has been bullish so far and the pair stood point 41% in the green at 12 o’clock. Traded volume is average and traders have been mostly forecasting the pair to head higher. It did go per those expectations, suggesting a successful morning session for investors.
I’m Celeste Skinner and this is how traders have performed so far on Friday. Track the latest changes by clicking back for the hourly updates.
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