Find out how the morning session is shaping up for the market players on this week’s first trading day by watching the Dukascopy Midday Snapshot. Euro/Dollar shows limited rate movement and the pair sees just half of the monthly average funds. Neutral sentiment of the traders is leaning towards the short side by 11%. Both the calm rate movement and the passive trading approach suggest no major profits or losses are likely. Pound/Dollar has a similar picture, high and low difference is 50 pips and traded volume is extremely low. Sentiment of the traders is neutral, almost at an even balance. Both the passive trading and flat rate movement are limiting factors here as well. Dollar/Yen has been trending South and decline puts the pair point 27% in the red. Turnover is low and neutral sentiment of the market players is 2% short. Bears have been in better positions, but any shifts in funds should be limited by the passive trading. Pound/Yen’s steep decline was followed by a rise and the pair was back closer to the opening level at 12 o’clock. Traded volume is extremely low and most of the funds have been driven by bullish expectations. There have been both chances and risks, but the slow trading suggests no major moves in funds are likely. Euro/Yen’s steep decline was followed by a rise, which has partially wiped out the loss. Traded volume is high and neutral sentiment of the traders is just 2% short. Bears had their chances early on, but the following rise was good news for bulls. I’m Jessica Walker and that’s all for the 12 o’clock Midday Snapshot.
Find out how the morning session is shaping up for the market players on this week’s first trading day by watching the Dukascopy Midday Snapshot.
Euro/Dollar shows limited rate movement and the pair sees just half of the monthly average funds. Neutral sentiment of the traders is leaning towards the short side by 11%. Both the calm rate movement and the passive trading approach suggest no major profits or losses are likely.
Pound/Dollar has a similar picture, high and low difference is 50 pips and traded volume is extremely low. Sentiment of the traders is neutral, almost at an even balance. Both the passive trading and flat rate movement are limiting factors here as well.
Dollar/Yen has been trending South and decline puts the pair point 27% in the red. Turnover is low and neutral sentiment of the market players is 2% short. Bears have been in better positions, but any shifts in funds should be limited by the passive trading.
Pound/Yen’s steep decline was followed by a rise and the pair was back closer to the opening level at 12 o’clock. Traded volume is extremely low and most of the funds have been driven by bullish expectations. There have been both chances and risks, but the slow trading suggests no major moves in funds are likely.
Euro/Yen’s steep decline was followed by a rise, which has partially wiped out the loss. Traded volume is high and neutral sentiment of the traders is just 2% short. Bears had their chances early on, but the following rise was good news for bulls.
I’m Jessica Walker and that’s all for the 12 o’clock Midday Snapshot.
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