It’s noon GMT on this Thursday and time for us to see how market players have managed to work out the rate movements.
Euro/Dollar was trending up by a total of 49 pips to trade point 34% in the green at noon. Traded volume is average and sentiment of the market players is neutral, at a balance. Gradual rise puts bullish market players in better positions so far.
Pound/Dollar’s uptrend puts the pair point 53% in the positive territory at midday. The Cable sees a typical amount of funds and sentiment of the traders is neutral, short positions are up by 6%. Rate has been moving gradually higher, making profits more likely for bulls.
Dollar/Yen’s trend has shifted and the pair was back near the opening level at 12 o’clock. Trading has been active, volume is high and sentiment of the market players is bullish, 15% long. Changing trend has provided both sides with their profit opportunities.
Pound/Yen has been on a rise and a gain of point 4% was recorded after 12 hours of trading. Turnover is average and neutral sentiment of the traders is 9% long. Sharp rise suggests a successful morning session for those who had long positions.
Euro/Yen rose by 56 pips and the pair was point 21% in the positive territory at noon. Traded volume is average and most of the funds have been driven by bearish expectations. Rise has brought risks for investors, but the narrow price movement range is what should help to limit losses.
I’m Jack Everitt and that’s it for now. Stay tuned for the hourly updates to see how the remaining part of the day will shape up for traders.

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