It`s 12 o`clock on this week`s first trading day, so let`s see how the sentiment of the traders compares with the actual rate shifts. Euro/Dollar has seen a rise, which puts the pair point 42% in the green. Turnover is low and neutral sentiment of the traders is leaning towards the short side by 9%. Bullish rate movement has provided solid profit opportunities for those who were long. Pound/Dollar has appreciated as well and a gain of point 37% has been posted. The Cable sees less than half of the monthly average funds and most of those have been driven by bearish expectations. The rate did go higher, but the slow trading approach should cushion losses. Dollar/Yen has moved slowly South to trade point 17% in the red at midday. Turnover is extremely low and sentiment of the market players is neutral, 5% short. Bears have been in better positions, but both the slow trading and narrow price movement range are limiting factors. Pound/Yen has been trending up, but a late decline has wiped out some of the gains. This pair sees just half of the monthly average funds and sentiment of the traders is bearish, 16% short. Gradual rise has brought some risks, but the passive trading approach is the limiting factor. Euro/Yen has been on a rise and it puts the pair point 25% in the green. Traded volume is average and most of the market players have been forecasting the pair to head higher. It did go per those expectations, making profits very much likely. I’m Kiays Khalil and you`ve been watching the Midday Snapshot for Monday.
It`s 12 o`clock on this week`s first trading day, so let`s see how the sentiment of the traders compares with the actual rate shifts.
Euro/Dollar has seen a rise, which puts the pair point 42% in the green. Turnover is low and neutral sentiment of the traders is leaning towards the short side by 9%. Bullish rate movement has provided solid profit opportunities for those who were long.
Pound/Dollar has appreciated as well and a gain of point 37% has been posted. The Cable sees less than half of the monthly average funds and most of those have been driven by bearish expectations. The rate did go higher, but the slow trading approach should cushion losses.
Dollar/Yen has moved slowly South to trade point 17% in the red at midday. Turnover is extremely low and sentiment of the market players is neutral, 5% short. Bears have been in better positions, but both the slow trading and narrow price movement range are limiting factors.
Pound/Yen has been trending up, but a late decline has wiped out some of the gains. This pair sees just half of the monthly average funds and sentiment of the traders is bearish, 16% short. Gradual rise has brought some risks, but the passive trading approach is the limiting factor.
Euro/Yen has been on a rise and it puts the pair point 25% in the green. Traded volume is average and most of the market players have been forecasting the pair to head higher. It did go per those expectations, making profits very much likely.
I’m Kiays Khalil and you`ve been watching the Midday Snapshot for Monday.
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