The morning session is over on this Monday, and it’s time for the Midday Snapshot where we take a closer look at the rate movements and trader performance. Euro/Dollar has had a slighly bearish start of the week, as a loss of 36 pips left it point 13% in the red at noon. Trading has been much slower than usual, and the sentiment is neutral at 1% short. Bears have been in better positions, but any profits should be limited. The Cable’s biggest move was a drop of 52 pips, but it was back near the opening level at midday. Traded volume is 20% less than this pair’s usual amount, and long positions prevail by 19%. Some success was possible late in the session. Dollar/Yen went up by 39 pips early in the session, but a subsequent easing left it point 16% in the green at 12 o’clock. This pair sees the usual amount of funding, and the neutral trader’s sentiment stands at 12% short. Bulls have been in better positions, but the narrow rate movement could limit any shifts in funds. Pound/Yen’s daily volatility reaches 68 pips, but the pair was back near the opening level at noon. Traders have conducted their trades with 23% less funding, and the sentiment is neutral at 2% long. Both sides had their chances during the day. And Euro/Yen’s initial gain of 53 pips was followed by a decline, which left it just a fraction in the green at midday. Traded volume is in line with the monhly average, and the sentiment is actually bearish at 19% short. Trading should be successful if it was done in the second half of the session. I’m Celeste Skinner and this was the Midday Snapshot for Monday. Check back in throughout the day for the hourly updates.
The morning session is over on this Monday, and it’s time for the Midday Snapshot where we take a closer look at the rate movements and trader performance.
Euro/Dollar has had a slighly bearish start of the week, as a loss of 36 pips left it point 13% in the red at noon. Trading has been much slower than usual, and the sentiment is neutral at 1% short. Bears have been in better positions, but any profits should be limited.
The Cable’s biggest move was a drop of 52 pips, but it was back near the opening level at midday. Traded volume is 20% less than this pair’s usual amount, and long positions prevail by 19%. Some success was possible late in the session.
Dollar/Yen went up by 39 pips early in the session, but a subsequent easing left it point 16% in the green at 12 o’clock. This pair sees the usual amount of funding, and the neutral trader’s sentiment stands at 12% short. Bulls have been in better positions, but the narrow rate movement could limit any shifts in funds.
Pound/Yen’s daily volatility reaches 68 pips, but the pair was back near the opening level at noon. Traders have conducted their trades with 23% less funding, and the sentiment is neutral at 2% long. Both sides had their chances during the day.
And Euro/Yen’s initial gain of 53 pips was followed by a decline, which left it just a fraction in the green at midday. Traded volume is in line with the monhly average, and the sentiment is actually bearish at 19% short. Trading should be successful if it was done in the second half of the session.
I’m Celeste Skinner and this was the Midday Snapshot for Monday. Check back in throughout the day for the hourly updates.
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