It’s midpoint of this week’s last trading day, so let’s see how well market players have managed to work out the rate shifts. Euro/Dollar was flat for hours, but a late decline puts the pair point 46% in the red. Turnover is high and neutral sentiment of the traders is 2% short. Late decline puts bearish market players in better positions so far today. Pound/Dollar has been trending South and a loss of point 42% was posted at noon. The Cable sees a typical amount of funds and neutral sentiment is just 3% short. Downtrend has provided plenty of profit opportunities for those who were short. Dollar/Yen rose sharply early in the session, but most of the gains have been given up afterwards. This pair has attracted more than double the monthly average funds and sentiment of the traders is neutral, 3% short. Bulls had their chances early in the session, but the following decline was good news for bears. Pound/Yen declined by more than 100 pips and the pair stood point 37% in the red at 12 o’clock. Traders have used 30% more than typical funds trading this pair and most of them have been driven by bullish expectations. The rate went in the opposite direction to those forecasts, making losses more likely. Euro/Yen declined by 92 pips hours into the session and a loss of point 4% was posted at noon. Traded volume is average and sentiment of the traders is neutral at 4% short. Late slide has provided profit chances for those who were in short positions. I’m Kiays Khalil and this was the Midday Snapshot for Friday.
It’s midpoint of this week’s last trading day, so let’s see how well market players have managed to work out the rate shifts.
Euro/Dollar was flat for hours, but a late decline puts the pair point 46% in the red. Turnover is high and neutral sentiment of the traders is 2% short. Late decline puts bearish market players in better positions so far today.
Pound/Dollar has been trending South and a loss of point 42% was posted at noon. The Cable sees a typical amount of funds and neutral sentiment is just 3% short. Downtrend has provided plenty of profit opportunities for those who were short.
Dollar/Yen rose sharply early in the session, but most of the gains have been given up afterwards. This pair has attracted more than double the monthly average funds and sentiment of the traders is neutral, 3% short. Bulls had their chances early in the session, but the following decline was good news for bears.
Pound/Yen declined by more than 100 pips and the pair stood point 37% in the red at 12 o’clock. Traders have used 30% more than typical funds trading this pair and most of them have been driven by bullish expectations. The rate went in the opposite direction to those forecasts, making losses more likely.
Euro/Yen declined by 92 pips hours into the session and a loss of point 4% was posted at noon. Traded volume is average and sentiment of the traders is neutral at 4% short. Late slide has provided profit chances for those who were in short positions.
I’m Kiays Khalil and this was the Midday Snapshot for Friday.
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