You`re watching Thursday’s FX Midday Snapshot brought to you by the Dukascopy TV Team.
Euro/Dollar has walked in a total range of just 33 pips, but the pair sees a typical amount of funds. Most of the traders have been forecasting the pair to head higher, but the flat rate movement suggests no significant moves in funds are likely.
Pound/Dollar has moved gradually higher and rise puts the pair point 28% in the green. Traded volume is low and neutral sentiment is just 9% long. Gradual uptrend puts bullish market players in better positions so far today.
Dollar/Yen has seen its trend change and the pair was back near the opening level at noon. Turnover is low and sentiment of the traders is neutral, 4% short. Shifting trend has provided both of the close to equal sides with their profit chances.
Pound/Yen gave up most of the gains after reaching the daily high. Traded volume is low and neutral sentiment is at an even balance. Both sides have had their profit chances as the trend changed after the daily high was reached.
Euro/Yen recovered most of the loss after the low of 133 13 was reached. This pair sees 38% less than typical funds and most of those have been driven by bearish expectations. Traders had their profit opportunities before the daily low was reached.
I’m Kiays Khalil and this wraps up Thursday`s Midday Snapshot.

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