11.09.2015 – Midday Snapshot by Dukascopy
September 11, 2015 1:00 pmVideo
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You’re watching the Midday Snapshot where we take a look at how the market participants have performed over the 12 hours to midday. I’m Sinead MacLaughlin.
Euro/Dollar’s gradual rise was followed by a decline measuring at 56 pips and the pair was slightly in the red at noon. Traded volume is average and the sentiment of the traders is neutral at 7% short. Bulls had their chances during the early hours, but the following change in trend was good news for bears.
Pound/Dollar moved South by a total of 58 pips and it was point 16% in the red at midday as it rose from the daily low. The Cable sees a typical amount of funds and the sentiment of the traders is neutral, 3% short. Profits are more likely for those who had short positions as the rate was moving lower for hours.
Dollar/Yen declined by 61 pips, but it rose from the low of 120 36. Total value of the deals is 21% down from the pair’s monthly average and the sentiment of the market players is neutral. Both sides have had their chances and risks as the trend has shifted.
Pound/Yen has been mostly moving lower and it was point 13% down from the opening level at 12 o’clock. This pair sees 22% more than average funds and traders have been mostly expecting the rate to move up. Bearish rate movement makes losses more likely for investors.
Euro/Yen declined by 74 pips after 6 o’clock and it stood point 13% in the red at noon. Traded volume is 21% up from the pair’s typical and most of the market players have been bullish in their forecasts. Rate went in the opposite direction, bringing risks for traders.
This was the Midday Snapshot for Friday. Check back in throughout the day for the very latest updates of these stats.
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