Find out how market players have managed to work out the rate shifts by noon GMT on this week’s last trading day. I`m Jessica Walker. Euro/Dollar has been moving higher and it stood point 68% in the green at 12 o’clock. Turnover is 40% up from the pair’s monthly average and the neutral sentiment is just 5% short. The bullish rate movement has provided plenty of chances for market players that had long positions. Pound/Dollar rose gradually, but a late slide has resulted in a slight loss. The Cable sees 24% more than average funds and the neutral sentiment of the traders is 7% short. Bulls had some opportunities during the early trading hours, but the late decline was good news for bears. Dollar/Yen has been heading up and it was point 31% up from the opening level at noon. Trading has been passive, volume is extremely low and the neutral sentiment of the traders is close to a balance. Bulls have been in better positions so far, but the calm trading should limit any moves in funds. Pound/Yen retreated slightly from the daily high, but it was still point 24% up from the opening level at midday. Traded volume is extremely low and most of the traders have been expecting the rate to move higher. Traders had plenty of chances during the uptrend that lasted for hours. Euro/Yen rose steeply and it was 1% in the green at 12 o’clock. Trading has been passive, volume is extremely low and the sentiment of the traders is strongly bearish, short positions dominate by 43%. Steep rise makes losses more likely for investors, but they should be cushioned by the slow trading. This was the 12 o`clock Midday Snapshot for Friday. Track the changes in trends throughout the day by clicking back for the hourly updates.
Find out how market players have managed to work out the rate shifts by noon GMT on this week’s last trading day. I`m Jessica Walker.
Euro/Dollar has been moving higher and it stood point 68% in the green at 12 o’clock. Turnover is 40% up from the pair’s monthly average and the neutral sentiment is just 5% short. The bullish rate movement has provided plenty of chances for market players that had long positions.
Pound/Dollar rose gradually, but a late slide has resulted in a slight loss. The Cable sees 24% more than average funds and the neutral sentiment of the traders is 7% short. Bulls had some opportunities during the early trading hours, but the late decline was good news for bears.
Dollar/Yen has been heading up and it was point 31% up from the opening level at noon. Trading has been passive, volume is extremely low and the neutral sentiment of the traders is close to a balance. Bulls have been in better positions so far, but the calm trading should limit any moves in funds.
Pound/Yen retreated slightly from the daily high, but it was still point 24% up from the opening level at midday. Traded volume is extremely low and most of the traders have been expecting the rate to move higher. Traders had plenty of chances during the uptrend that lasted for hours.
Euro/Yen rose steeply and it was 1% in the green at 12 o’clock. Trading has been passive, volume is extremely low and the sentiment of the traders is strongly bearish, short positions dominate by 43%. Steep rise makes losses more likely for investors, but they should be cushioned by the slow trading.
This was the 12 o`clock Midday Snapshot for Friday. Track the changes in trends throughout the day by clicking back for the hourly updates.
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