The morning session is over on this Friday, and it’s time to look back at the rate movements. Euro/Dollar has gained almost 100 pips and the pair stood point 68% in the green at noon. Traded volume is almost at double the usual and neutral sentiment of the traders is 6% short. Rise makes a successful start of the day more likely for those who had long positions. Pound/Dollar shot up by more than 100 pips after 8 AM and rise puts the pair point 73% up from the opening level. The Cable sees 47% more than average funds and neutral sentiment is almost at an even balance. Steep rise has provided solid profit opportunities for those who were in long positions. Dollar/Yen was calm for hours, but a late decline has resulted in a loss of point 14%. Turnover is high and neutral sentiment of the traders is 4% long. Late decline was good news for those who had short positions. Pound/Yen has moved sharply higher, gaining a total of close to 100 pips. Traded volume is high and neutral sentiment of the traders is leaning towards the short side by 12%. Steep rise suggests a successful morning session for bullish market players. Euro/Yen jumped hours into the session and a gain of point 53% has been posted. This pair sees double the monthly average funds and most of them have been driven by bearish expectations. The rate went in the opposite direction to those forecasts, making losses more likely. I’m Jack Everitt and this was the Midday Snapshot for Friday. Goodbye for now.
The morning session is over on this Friday, and it’s time to look back at the rate movements.
Euro/Dollar has gained almost 100 pips and the pair stood point 68% in the green at noon. Traded volume is almost at double the usual and neutral sentiment of the traders is 6% short. Rise makes a successful start of the day more likely for those who had long positions.
Pound/Dollar shot up by more than 100 pips after 8 AM and rise puts the pair point 73% up from the opening level. The Cable sees 47% more than average funds and neutral sentiment is almost at an even balance. Steep rise has provided solid profit opportunities for those who were in long positions.
Dollar/Yen was calm for hours, but a late decline has resulted in a loss of point 14%. Turnover is high and neutral sentiment of the traders is 4% long. Late decline was good news for those who had short positions.
Pound/Yen has moved sharply higher, gaining a total of close to 100 pips. Traded volume is high and neutral sentiment of the traders is leaning towards the short side by 12%. Steep rise suggests a successful morning session for bullish market players.
Euro/Yen jumped hours into the session and a gain of point 53% has been posted. This pair sees double the monthly average funds and most of them have been driven by bearish expectations. The rate went in the opposite direction to those forecasts, making losses more likely.
I’m Jack Everitt and this was the Midday Snapshot for Friday. Goodbye for now.
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