Morning session is over on this Friday so let’s find out how things have been shaping up for the market players. Euro/Dollar has shown little rate movement – high and low difference is 46 pips and traded volume is low. Neutral sentiment of the market players is just 1% short. Both sides have seen only limited profit chances due to the narrow price movement range and slow trading. Pound/Dollar dropped by a total of 169 pips, but all of the loss has been wiped out by noon. The Cable sees a massive 610% more than average funds and sentiment of the traders is neutral, 2% short. Sharp decline was followed by a rise, so both sides have had their profit opportunities. Dollar/Yen rose by 61 pips and a gain of point 51% was posted at midday. Turnover is extremely low and neutral sentiment of the traders is 2% long. Steep rise suggests profits for bullish market players, but the calm trading is the limiting factor. Pound/Yen rose in a couple of waves and the last one puts the pair point 68% in the green. This pair has attracted and average amount of funds and neutral sentiment of the traders is leaning towards the long side by 6%. Both sides have had their profit chances as the trend has changed. Euro/Yen’s early rise was followed by a relatively calm session and a gain of point 43% was posted at midday. Trading has been passive, volume is extremely low and most of the traders have been forecasting the pair to head higher. The rate did go per those expectations and only the passive trading limits upside potential. I’m Celeste Skinner and you’ve been watching the Midday Snapshot for Friday. As usual, the most up-to-date stats will be available throughout the day with the hourly updates.
Morning session is over on this Friday so let’s find out how things have been shaping up for the market players.
Euro/Dollar has shown little rate movement – high and low difference is 46 pips and traded volume is low. Neutral sentiment of the market players is just 1% short. Both sides have seen only limited profit chances due to the narrow price movement range and slow trading.
Pound/Dollar dropped by a total of 169 pips, but all of the loss has been wiped out by noon. The Cable sees a massive 610% more than average funds and sentiment of the traders is neutral, 2% short. Sharp decline was followed by a rise, so both sides have had their profit opportunities.
Dollar/Yen rose by 61 pips and a gain of point 51% was posted at midday. Turnover is extremely low and neutral sentiment of the traders is 2% long. Steep rise suggests profits for bullish market players, but the calm trading is the limiting factor.
Pound/Yen rose in a couple of waves and the last one puts the pair point 68% in the green. This pair has attracted and average amount of funds and neutral sentiment of the traders is leaning towards the long side by 6%. Both sides have had their profit chances as the trend has changed.
Euro/Yen’s early rise was followed by a relatively calm session and a gain of point 43% was posted at midday. Trading has been passive, volume is extremely low and most of the traders have been forecasting the pair to head higher. The rate did go per those expectations and only the passive trading limits upside potential.
I’m Celeste Skinner and you’ve been watching the Midday Snapshot for Friday. As usual, the most up-to-date stats will be available throughout the day with the hourly updates.
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