We’re halfway through this week’s last trading day, so let’s see how things are shaping up for the market players.
Euro/Dollar has moved further above the 1 16 level and a gain of point 33% was posted at noon. This pair sees 20% more than typical funds and neutral sentiment is 4% short. Bullish market players saw their profit opportunities as the rate rose by a total of 74 pips.
Pound/Dollar has been trending up as well and the pair stood point 27% in the green at midday. Trading has been typical in terms of volume and sentiment of the traders is neutral, 4% short. Rise has provided plenty of profit chances for those who were in long positions.
Dollar/Yen rose sharply above the 110 level by a total of 36 pips. Trading has been passive, volume is extremely low and most of the traders have been forecasting the pair to head lower. Steep rise has brought risks, but any losses should be limited by the passive trading approach.
Pound/Yen has appreciated by slightly more than 100 pips and a gain of point 47% has been posted. Traded volume is extremely low and sentiment of the traders is neutral, 6% short. Bulls have been in better positions so far, but the calm trading is the limiting factor.
Euro/Yen has shot up by more than 100 pips and the pair sees a typical amount of funds. Most of them have been driven by bullish expectations, so profits are very much likely for investors.
I’m Jack Everitt and this concludes the Midday Snapshot for Friday.

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