Bank of England has rocked the Sterling on this Thursday, so let’s see if traders have managed to capitalize. Euro/Dollar shows little rate movement and this reflects in interest of traders as the pair has attracted 35% less than average funds. Most have been forecasting the pair to head lower, but both the calm trading and the flat rate movement suggest shifts in funds shouldn’t be significant. Pound/Dollar jumped by a massive 189 pips hours into the session to trade almost 1% in the green at noon. Turnover is high and neutral sentiment of the traders is leaning towards the short side by 11%. Late surge has provided bulls with solid profit opportunities. Dollar/Yen declined early on, but a following rise has wiped out all of the loss. Traders have used 30% less than typical funds trading this pair and neutral sentiment of the market players is 8% short. Bears had some chances early on, but the late rise was good news for bulls. Pound/Yen jumped hours into the session and surge has resulted in a gain of more than 1%. Trading has been active, volume is high and sentiment of the traders is neutral, 9% long. Late jump was good news for those who had long positions. Euro/Yen rose from the low of 131 10 to trade point 23% in the green at 12 o’clock. Traded volume is extremely low and most of the funds have been driven by bearish expectations. Traders saw some chances during the early trading hours, but the passive trading is the limiting factor. I’m Jessica Walker and this is how traders have performed by noon GMT on this Thursday.
Bank of England has rocked the Sterling on this Thursday, so let’s see if traders have managed to capitalize.
Euro/Dollar shows little rate movement and this reflects in interest of traders as the pair has attracted 35% less than average funds. Most have been forecasting the pair to head lower, but both the calm trading and the flat rate movement suggest shifts in funds shouldn’t be significant.
Pound/Dollar jumped by a massive 189 pips hours into the session to trade almost 1% in the green at noon. Turnover is high and neutral sentiment of the traders is leaning towards the short side by 11%. Late surge has provided bulls with solid profit opportunities.
Dollar/Yen declined early on, but a following rise has wiped out all of the loss. Traders have used 30% less than typical funds trading this pair and neutral sentiment of the market players is 8% short. Bears had some chances early on, but the late rise was good news for bulls.
Pound/Yen jumped hours into the session and surge has resulted in a gain of more than 1%. Trading has been active, volume is high and sentiment of the traders is neutral, 9% long. Late jump was good news for those who had long positions.
Euro/Yen rose from the low of 131 10 to trade point 23% in the green at 12 o’clock. Traded volume is extremely low and most of the funds have been driven by bearish expectations. Traders saw some chances during the early trading hours, but the passive trading is the limiting factor.
I’m Jessica Walker and this is how traders have performed by noon GMT on this Thursday.
You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#220850
Смотрите Dukascopy TV на вашем языке: http://www.youtube.com/user/dukascopytvrussian
用您的语言观看杜高斯贝电视: http://www.youtube.com/user/dukascopytvchinese
Miren Dukascopy TV en su idioma: http://www.youtube.com/user/dukascopytvspanish
Schauen Sie Dukascopy TV in Ihrer Sprache: http://www.youtube.com/user/dukascopytvgerman
Regardez la Dukascopy TV dans votre langue: http://www.youtube.com/user/dukascopytvfrench
Veja a TV Dukascopy na sua língua: http://www.youtube.com/user/dukascopytvpt
Dukascopy TV is a free educational project producing daily updates on global markets, visit http://Dukascopy.com/tv for more