It’s 12 PM GMT on this Tuesday; let’s see how things are shaping up for the market players.
Euro/Dollar has had another slow day, as there’s little volatility to speak of and the rate was back at the starting point by midday. Traded volume is low, and the sentiment is neutral at 5% short. Any major shifts in funds are quite unlikely.
The Cable dropped by 70 pips after half past 9, but it was back near the opening level at midday. Traded volume is in line with the monthly average, and long positions prevail by 21%. Some success was possible with good timing.
Dollar/Yen has seen a limited decline, and it was a fraction in the red after 12 hours of trading. This pair sees less than half the usual amount of funding, and most traders had anticipated a rise, as long positions are up by 17%. This makes some minor losses quite likely.
Pound/Yen is another Sterling pair to post a late decline, and it was point 11% in the red at noon. Traded volume is a third down from this pair’s usual amount, and the sentiment is bullish at 33% long. The overall trend suggests losses are more likely than profits.
And Euro/Yen’s daily volatility of 29 pips was posted during a rise, but it still stood point 1% in the red at noon. Trading has been slow, and the sentiment is bearish at 15% short. Once again, this has been a slow day and major profits or losses are unlikely.
You’ve been watching the Midday Snapshot with me, Jessica Walker. Stay tuned for the latest updates.

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