We’re halfway through this week’s last trading day, so it’s time for the Dukascopy Midday Snapshot.
Day has been slow for the Euro/Dollar, the pair has walked in a total range of just 40 pips, but it sees 32% more than typical funds. Sentiment of the traders is neutral, short positions are up by 9%. The generally flat rate movement is the limiting factor for both sides.
Pound/Dollar’s volatility of 47 pips is lower than usual, but the pair has attracted 38% more than average funds. Sentiment of the traders is neutral, long positions are up by 7%. Rate movement has been generally flat, so moves in trading accounts shouldn’t be significant.
Dollar/Yen took a slide and it has resulted in a loss of point 32%. Turnover is low and most of the funds have been driven by bullish expectations. Decline makes losses more likely for investors, but they should be cushioned by the passive trading.
Pound/Yen dropped hours into the session and slide puts the pair point 35% South of the opening level at midday. Traded volume is low and neutral sentiment of the market players is 9% long. Steep decline puts bearish market players in better positions so far.
Euro/Yen declined after 8 o’clock and a slight was recorded at midday as the pair rose from the dialy low. Turnover is average and most of the traders have been forecasting the pair to head lower. Decline has provided traders with their chances, making profits very much likely for investors.
I’m Celeste Skinner and you’ve been watching the Midday Snapshot for Friday. Check back for the hourly updates.

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