FX markets have shown sharp rate shifts on this morning session, so let’s see if traders have managed to profit. Euro/Dollar took a slide of close to 100 pips and the pair stood point 75% in the red at noon. Turnover is high and neutral sentiment of the market players is 4% long. Steep decline suggests a successful morning session for those who had short positions. Pound/Dollar has moved sharply South as well and a loss of almost 1% was posted by midday. The Cable sees more than double the monthly average funds and neutral sentiment is 10% long. The rate has been heading in one direction and that’s lower, putting bears in better positions so far today. Dollar/Yen has been on a slide as well and the pair dropped below the 110 level. Turnover is a massive 236% up from the monthly average and sentiment of the traders is neutral, 5% short. There have been plenty of profit opportunities for the small majority of the traders that had short positions. Pound/Yen plummeted by close to 300 pips and slide has resulted in a loss of 1.85%. Traded volume is extremely high and most of the funds have been driven by bullish expectations. The rate went in the opposite direction to those forecasts, making losses more likely. Euro/Yen has dropped as well and a considerable loss of 1.65% has been posted here. Traders have used more than double the monthly average funds trading this pair and neutral sentiment is 14% long. Once again, the sharp slide has provided plenty of profit chances for bears. I’m Jack Everitt and you’ve been watching the Midday Snapshot for Wednesday.
FX markets have shown sharp rate shifts on this morning session, so let’s see if traders have managed to profit.
Euro/Dollar took a slide of close to 100 pips and the pair stood point 75% in the red at noon. Turnover is high and neutral sentiment of the market players is 4% long. Steep decline suggests a successful morning session for those who had short positions.
Pound/Dollar has moved sharply South as well and a loss of almost 1% was posted by midday. The Cable sees more than double the monthly average funds and neutral sentiment is 10% long. The rate has been heading in one direction and that’s lower, putting bears in better positions so far today.
Dollar/Yen has been on a slide as well and the pair dropped below the 110 level. Turnover is a massive 236% up from the monthly average and sentiment of the traders is neutral, 5% short. There have been plenty of profit opportunities for the small majority of the traders that had short positions.
Pound/Yen plummeted by close to 300 pips and slide has resulted in a loss of 1.85%. Traded volume is extremely high and most of the funds have been driven by bullish expectations. The rate went in the opposite direction to those forecasts, making losses more likely.
Euro/Yen has dropped as well and a considerable loss of 1.65% has been posted here. Traders have used more than double the monthly average funds trading this pair and neutral sentiment is 14% long. Once again, the sharp slide has provided plenty of profit chances for bears.
I’m Jack Everitt and you’ve been watching the Midday Snapshot for Wednesday.
You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#245673
Смотрите Dukascopy TV на вашем языке: http://www.youtube.com/user/dukascopytvrussian
用您的语言观看杜高斯贝电视: http://www.youtube.com/user/dukascopytvchinese
Miren Dukascopy TV en su idioma: http://www.youtube.com/user/dukascopytvspanish
Schauen Sie Dukascopy TV in Ihrer Sprache: http://www.youtube.com/user/dukascopytvgerman
Regardez la Dukascopy TV dans votre langue: http://www.youtube.com/user/dukascopytvfrench
Veja a TV Dukascopy na sua língua: http://www.youtube.com/user/dukascopytvpt
Dukascopy TV is a free educational project producing daily updates on global markets, visit http://Dukascopy.com/tv for more