It`s 12 o`clock on this week`s first trading day, so let`s see how the sentiment of the traders compares with the actual rate shifts. I`m Sinead MacLaughlin. Euro/Dollar has been moving mostly higher and a gain of point 21% was posted at noon. Traded volume is average and the sentiment is neutral, 10% long. The generally bullish rate movement suggests profits are more likely for traders who had long positions. Pound/Dollar’s daily high and low difference of 47 pips was posted during a rise and the pair was point 12% in the green at 12 o`clock. The Cable sees less than half of the monthly average funds and the sentiment is bullish, 19% long. Upward pressure has been stronger so far, providing traders with profit chances, but moves in funds shouldn’t be significant as trading has been slow. Dollar/Yen has been on a slide from the early high of 114 54 and it was point 27% down from the opening level at midday. Traded volume is average and the sentiment is neutral, 8% long. Profits are more likely for bears as the rate has been trending south during most of the day. Pound/Yen rose from the daily low of 181 08 and it was point 16% in the red at 12 o`clock. Trading has been slow, this pair sees less than half of the monthly average funds and the sentiment is neutral, 11% short. Bears had their chances during the slide, but the late rise was good news for bulls. Either way, moves in funds should be limited by the slow trading. Euro/Yen’s trend has shifted and the rate was back near the opening level at noon. Turnover is 44% down from the monthly average and the sentiment is neutral, 4% long. Both of the close to equal sides have seen their chances and risks, but the slow trading should limit any moves in trading accounts. You`ve been watching the Midday Snapshot for Monday. We`ll be updating these stats every hour, so stay tuned.
It`s 12 o`clock on this week`s first trading day, so let`s see how the sentiment of the traders compares with the actual rate shifts. I`m Sinead MacLaughlin.
Euro/Dollar has been moving mostly higher and a gain of point 21% was posted at noon. Traded volume is average and the sentiment is neutral, 10% long. The generally bullish rate movement suggests profits are more likely for traders who had long positions.
Pound/Dollar’s daily high and low difference of 47 pips was posted during a rise and the pair was point 12% in the green at 12 o`clock. The Cable sees less than half of the monthly average funds and the sentiment is bullish, 19% long. Upward pressure has been stronger so far, providing traders with profit chances, but moves in funds shouldn’t be significant as trading has been slow.
Dollar/Yen has been on a slide from the early high of 114 54 and it was point 27% down from the opening level at midday. Traded volume is average and the sentiment is neutral, 8% long. Profits are more likely for bears as the rate has been trending south during most of the day.
Pound/Yen rose from the daily low of 181 08 and it was point 16% in the red at 12 o`clock. Trading has been slow, this pair sees less than half of the monthly average funds and the sentiment is neutral, 11% short. Bears had their chances during the slide, but the late rise was good news for bulls. Either way, moves in funds should be limited by the slow trading.
Euro/Yen’s trend has shifted and the rate was back near the opening level at noon. Turnover is 44% down from the monthly average and the sentiment is neutral, 4% long. Both of the close to equal sides have seen their chances and risks, but the slow trading should limit any moves in trading accounts.
You`ve been watching the Midday Snapshot for Monday. We`ll be updating these stats every hour, so stay tuned.
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