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 rose slightly early on, but a following decline puts the pair South of the 1 25 level. Traded volume is average and sentiment of the traders is neutral, almost at an even balance. Bulls had their chances early on, but the following decline was good news for bears. Pound/Dollar declined sharply after hitting the daily high and a loss of point 3% has been posted. The Cable sees 33% less than typical funds and most of them have been driven by bullish expectations. There were some chances early on, but the following slide has brought risks. Dollar/Yen dropped by a total of 81 pips, but the rate returned back towards the opening level. Turnover is high and neutral sentiment of the traders is 12% short. Shifting trend has provided both sides with their profit opportunities. Pound/Yen has been trending lower and decline has resulted in a loss of point 24%. This pair sees just half of the monthly average funds and most of them have been driven by bearish expectations. The rate did go per those forecasts and a more active trading approach would have increased profits. Euro/Yen has been mostly trending lower and the pair was slightly in the red at 12 o’clock. Trading has been passive, volume is extremely low and most of the traders have been in bullish positions. Gradual decline has brought some risks, but the slow trading should minimize losses. You’ve been watching the Midday Snapshot for Friday with me, ____________.
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 rose slightly early on, but a following decline puts the pair South of the 1 25 level. Traded volume is average and sentiment of the traders is neutral, almost at an even balance. Bulls had their chances early on, but the following decline was good news for bears.
Pound/Dollar declined sharply after hitting the daily high and a loss of point 3% has been posted. The Cable sees 33% less than typical funds and most of them have been driven by bullish expectations. There were some chances early on, but the following slide has brought risks.
Dollar/Yen dropped by a total of 81 pips, but the rate returned back towards the opening level. Turnover is high and neutral sentiment of the traders is 12% short. Shifting trend has provided both sides with their profit opportunities.
Pound/Yen has been trending lower and decline has resulted in a loss of point 24%. This pair sees just half of the monthly average funds and most of them have been driven by bearish expectations. The rate did go per those forecasts and a more active trading approach would have increased profits.
Euro/Yen has been mostly trending lower and the pair was slightly in the red at 12 o’clock. Trading has been passive, volume is extremely low and most of the traders have been in bullish positions. Gradual decline has brought some risks, but the slow trading should minimize losses.
You’ve been watching the Midday Snapshot for Friday with me, ____________.
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