Find out how trading has been shaping up for market players during the morning session on this Thursday by watching the Dukascopy Midday Snapshot.
Euro/Dollar’s session has been calm, high and low difference is just 39 pips and traded volume is low. Sentiment of the traders is neutral, short positions are up by just 9%. Both the slow trading and narrow price movement range suggest no significant moves in funds are likely.
Pound/Dollar declined by 61 pips after 8 AM and a loss of point 23% has been posted. The cable sees a typical amount of funds and most of those have been driven by bullish expectations. Late decline has brought risks for investors.
Dollar/Yen declined sharply early on and rate movement has been relatively flat afterwards. Traded volume is average and most of the funds have been driven by bullish expectations. The early slide has brought serious risks for market players.
Pound/Yen has been on a slide and it has taken the rate South by more than 100 pips. Turnover is average and sentiment of the traders is bullish, long positions are up by 30%. Decline has brought risks for market players.
Euro/Yen recovered some of the loss that was posted in the early slide. The pair sees more than double the monthly average funds and sentiment of the traders is strongly bearish at 42% short. Traders saw profit chances during the early hours, but the following rise was bad news.
I’m Kiays Khalil and this is how traders have performed by noon GMT.

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