We’re halfway through this week’s last trading day, so let’s see how things have been shaping up for the market players.
Euro/Dollar rose by 55 pips from the low of 1 1773 to trade point 15% in the green at noon. Traded volume is low and sentiment of the traders is neutral, long positions are up by just 1%. Both sides have seen some opportunities, but the calm trading approach suggests no major moves in funds are likely.
Pound/Dollar shot up by 46 pips hours into the session and a gain of point 23% has been posted. The Cable sees 24% less than typical funds and most of them have been driven by bearish expectations. Late rise has brought risks for investors, but the calm trading is what should cushion losses.
Dollar/Yen has been trading sideways during most of the session and the pair sees less than half of the monthly average funds. Sentiment of the market players is neutral, short positions are up by 9%. Trading has been passive and rate movement flat, so no major profits or losses can be expected.
Pound/Yen has gained ground and a gain of point 37% was recorded at 12 o’clock. Traded volume is extremely low and neutral sentiment of the traders is 2% long. Bulls have been in better positions, but the slow trading suggests no significant profits or losses are likely.
Euro/Yen gained ground hours into the day and rise has resulted in a gain of point 3%. This pair sees 60% less than average funds and most of them have been driven by bearish expectations. Late rise has brought risks for investors, but trading has been generally passive.
I’m Jessica Walker and that’s how the traders have been performing so far.

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