We’re halfway through the last trading day of the week; let’s see how things are shaping up for the market players. Euro/Dollar has been trending South and decline puts the pair point 32% in the red. Turnover is average and neutral sentiment of the traders is 4% long. Bearish rate movement suggests a successful morning session for those who were in short positions. Pound/Dollar’s decline stopped as the pair approached the 1 31 level and a loss of point 37% has been posted. Turnover is high and sentiment of the traders is neutral, short positions are up by 9%. The rate has been heading South, providing profit opportunities for bears. Dollar/Yen has seen its trend change and the pair was back near the opening level at 12 o’clock. Traded volume is high and sentiment is neutral, short positions are up by 4%. Both sides have had their profit chances as a single trend didn’t form. Pound/Yen took a slide of close to 100 pips, but the pair has attracted less than half of the monthly average funds. Most of them have been in long positions, so the passive trading approach is a positive moment, cushioning losses for investors. Euro/Yen has been on a slide as well and the pair stood point 36% in the red at noon. Traded volume is average and most of the funds have been driven by bullish expectations. The rate went in the opposite direction to those forecasts, making losses more likely. You’ve been watching the Midday Snapshot for Friday with me, Kiays Khalil.
We’re halfway through the last trading day of the week; let’s see how things are shaping up for the market players.
Euro/Dollar has been trending South and decline puts the pair point 32% in the red. Turnover is average and neutral sentiment of the traders is 4% long. Bearish rate movement suggests a successful morning session for those who were in short positions.
Pound/Dollar’s decline stopped as the pair approached the 1 31 level and a loss of point 37% has been posted. Turnover is high and sentiment of the traders is neutral, short positions are up by 9%. The rate has been heading South, providing profit opportunities for bears.
Dollar/Yen has seen its trend change and the pair was back near the opening level at 12 o’clock. Traded volume is high and sentiment is neutral, short positions are up by 4%. Both sides have had their profit chances as a single trend didn’t form.
Pound/Yen took a slide of close to 100 pips, but the pair has attracted less than half of the monthly average funds. Most of them have been in long positions, so the passive trading approach is a positive moment, cushioning losses for investors.
Euro/Yen has been on a slide as well and the pair stood point 36% in the red at noon. Traded volume is average and most of the funds have been driven by bullish expectations. The rate went in the opposite direction to those forecasts, making losses more likely.
You’ve been watching the Midday Snapshot for Friday with me, Kiays Khalil.
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