Find out how successful traders have been on the FX markets so far this Monday by watching the Dukascopy Midday Snapshot. Euro/Dollar’s gradual decline was followed by a rise, which took the rate just pips below the 1 17 level. Turnover is low and neutral sentiment of the traders is 1% short. Bears had their chances during the downtrend, but the late rise was good news for bullish market players. Pound/Dollar has been calmer than usual, trading in a total range of 63 pips, but the pair sees a typical amount of funds. Sentiment of the traders is neutral, short positions are up by 5%. Both sides have seen only limited profit chances due to the narrow price movement range. Dollar/Yen dropped further below the 110 level by a total of 57 pips. Traded volume is average and neutral sentiment of the traders is 8% short. Early slide puts bearish market players in better positions so far today. Pound/Yen has been mostly trending South, but a late rise has wiped out some of the losses. Trading has been typical in terms of volume and most have been forecasting bearish rate movement. There were plenty of profit opportunities as the pair dropped by more than 100 pips. Euro/Yen’s decline was followed by a rise, which has canceled out most of the loss. This pair has attracted 36% less than typical funds and neutral sentiment of the traders is 8% short. Bears had their chances early on, but the shift in trend was good news for bulls. I’m Jack Everitt and that’s it for the 12 o’clock Midday Snapshot report. Goodbye for now.
Find out how successful traders have been on the FX markets so far this Monday by watching the Dukascopy Midday Snapshot.
Euro/Dollar’s gradual decline was followed by a rise, which took the rate just pips below the 1 17 level. Turnover is low and neutral sentiment of the traders is 1% short. Bears had their chances during the downtrend, but the late rise was good news for bullish market players.
Pound/Dollar has been calmer than usual, trading in a total range of 63 pips, but the pair sees a typical amount of funds. Sentiment of the traders is neutral, short positions are up by 5%. Both sides have seen only limited profit chances due to the narrow price movement range.
Dollar/Yen dropped further below the 110 level by a total of 57 pips. Traded volume is average and neutral sentiment of the traders is 8% short. Early slide puts bearish market players in better positions so far today.
Pound/Yen has been mostly trending South, but a late rise has wiped out some of the losses. Trading has been typical in terms of volume and most have been forecasting bearish rate movement. There were plenty of profit opportunities as the pair dropped by more than 100 pips.
Euro/Yen’s decline was followed by a rise, which has canceled out most of the loss. This pair has attracted 36% less than typical funds and neutral sentiment of the traders is 8% short. Bears had their chances early on, but the shift in trend was good news for bulls.
I’m Jack Everitt and that’s it for the 12 o’clock Midday Snapshot report. Goodbye for now.
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