We’re here to let you know how trading has been shaping up for market players during the morning session on this week`s last trading day. Euro/Dollar has moved slowly up to trade point 21% in the green at noon. Turnover is low and neutral sentiment of the traders is 3% short. Gradual uptrend makes a successful start of the day more likely for those who were in long positions. Pound/Dollar moved sharply South hours into the session and the pair stood point 27% in the red at midday. The Cable sees 39% less than typical funds and neutral sentiment is 8% long. Decline puts bearish market players in better positions so far. Dollar/Yen declined by 37 pips, but a following rise has cancelled out some of the loss. Traded volume is low and most of the traders have been forecasting the pair to head higher. Decline has brought risks, but the late increase was good news for investors. Pound/Yen has moved South by 75 pips and the pair stood point 44% in the red at 12 o’clock. Traders have used 32% more than typical funds trading this pair and most of them have been forecasting the rate to head higher. It went in the opposite direction to those forecasts, making losses more likely. Euro/Yen’s trend has changed and the pair was back near the opening level at noon. Turnover is average and most of the funds have been driven by bearish expectations. Traders had their profit opportunities before the daily low was reached. I’m Jessica Walker and that`s it for Friday`s Midday Snapshot. Goodbye for now.
We’re here to let you know how trading has been shaping up for market players during the morning session on this week`s last trading day.
Euro/Dollar has moved slowly up to trade point 21% in the green at noon. Turnover is low and neutral sentiment of the traders is 3% short. Gradual uptrend makes a successful start of the day more likely for those who were in long positions.
Pound/Dollar moved sharply South hours into the session and the pair stood point 27% in the red at midday. The Cable sees 39% less than typical funds and neutral sentiment is 8% long. Decline puts bearish market players in better positions so far.
Dollar/Yen declined by 37 pips, but a following rise has cancelled out some of the loss. Traded volume is low and most of the traders have been forecasting the pair to head higher. Decline has brought risks, but the late increase was good news for investors.
Pound/Yen has moved South by 75 pips and the pair stood point 44% in the red at 12 o’clock. Traders have used 32% more than typical funds trading this pair and most of them have been forecasting the rate to head higher. It went in the opposite direction to those forecasts, making losses more likely.
Euro/Yen’s trend has changed and the pair was back near the opening level at noon. Turnover is average and most of the funds have been driven by bearish expectations. Traders had their profit opportunities before the daily low was reached.
I’m Jessica Walker and that`s it for Friday`s Midday Snapshot. Goodbye for now.
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