It’s noon GMT on this week’s last trading day so let’s see how traders have managed to work out the rate movements.
Euro/Dollar’s bullish run continues and the pair has gained point 61% as it heads towards the 1 12 level. Traded volume is average and sentiment of the traders is neutral, 8% short. Steep rise suggests a successful morning session for those who had long positions.
Pound/Dollar has shot up as well and rise puts the pair point 44% in the green at midday. Turnover is average and sentiment of the traders is neutral, long positions are up by 5%. Bullish rate movement has provided plenty of profit chances for those who were long.
Dollar/Yen’s trend has changed and only a slight loss was posted at noon. This pair sees 57% more than typical funds and neutral sentiment of the traders is 3% short. Both sides have had their profit opportunities as a single trend didn’t form.
Pound/Yen was mostly on a rise and the pair stood point 28% up from the opening level at 12 o’clock. Traded volume is average and most of the funds have been driven by bearish expectations. Losses are more likely for investors as the pair moved higher.
Euro/Yen’s rise has resulted in a gain of point 45% and the pair has attracted a typical amount of funds. Most of the traders have been forecasting the pair to head higher. It did go per those expectations and morning session should be successful for investors.
I’m Jack Everitt and that’s it for now. Track the latest changes in trader performance by clicking back for the hourly updates.
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