Here’s a look at how market players have performed over the 12 hours to midday on this Tuesday.
Euro/Dollar rose by only 40 pips and even some of those gains were given up afterwards. Turnover is high and sentiment of the traders is bearish, 16% short. The slight rise makes losses more likely for investors.
Pound/Dollar has gained almost 100 pips and the pair stood point 49% in the green at noon. The Cable sees 37% more than typical funds and sentiment of the traders is neutral, 10% short. Steep rise suggests a successful start of the day for those who had long positions.
Dollar/Yen has walked in a total range of only 35 pips and the pair has attracted 31% less than typical funds. Sentiment of the traders is neutral, 5% long. Both sides have had their chances, but the calm trading and flat rate movement are limiting factors.
Pound/Yen has been on a rise and it has resulted in a gain of point 59%. Trading has been passive, volume is extremely low and sentiment of the traders is neutral, 5% short. Bulls have been in better positions so far, but the passive trading is what should limit moves in funds.
Euro/Yen’s steep rise was followed by a decline and the pair stood point 28% in the green at midday. Traders have used less than half of the monthly average funds trading this pair and most of those funds have been driven by bullish expectations. Traders had their chances as the rate rose, but the calm trading suggest no significant moves in funds are likely.
I’m Celeste Skinner and that’s it for now. The latest stats will be available on an hourly basis throughout the day so check back in.

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