The morning session is over on this Tuesday, and it’s time to look back at the rate movements and trader performance. It’s another slow day for the Euro/Dollar, which was back near the opening level after walking in the total range of 26 pips. Traded volume is a quarter down from the monthly average, and the sentiment is neutral at 5% long. Any major profits or losses are quite unlikely. The Cable’s initial gain of 34 pips was followed by a decline, which left it just a fraction in the green at noon. Trading has been slower than usual, and the neutral traders sentiment stands at 3% long. Once again, the low volume and narrow rate movement both make any major shifts in funds unlikely. Dollar/Yen’s daily volatility reached 34 pips, and the pair had gained point 22% after 12 hours of trading. Traded volume is less than half of the usual amount, and the sentiment is neutral at 8% long. Well, this is another pair that has not delivered much of a performance today. Pound/Yen’s rate sees a bit more action, as the daily volatility reaches 51 pips. The rate was point 23% up from the opening level, but this pair still sees a paltry amount of funding. The sentiment is neutral at 7% short. This sounds repetitive, but once again, there’s not much to report for this instrument. But there’s also the Euro/Yen, which has gained 40 pips or point 24% during the session and, for one, this pair indeed sees the usual amount of funding. The sentiment is neutral at 3% long. Bulls actually had some chances for profit, which is a notable achievement for this session. I’m Jessica Walker and this was the Midday Snapshot for Tuesday. Stay tuned for the hourly updates.
The morning session is over on this Tuesday, and it’s time to look back at the rate movements and trader performance.
It’s another slow day for the Euro/Dollar, which was back near the opening level after walking in the total range of 26 pips. Traded volume is a quarter down from the monthly average, and the sentiment is neutral at 5% long. Any major profits or losses are quite unlikely.
The Cable’s initial gain of 34 pips was followed by a decline, which left it just a fraction in the green at noon. Trading has been slower than usual, and the neutral traders sentiment stands at 3% long. Once again, the low volume and narrow rate movement both make any major shifts in funds unlikely.
Dollar/Yen’s daily volatility reached 34 pips, and the pair had gained point 22% after 12 hours of trading. Traded volume is less than half of the usual amount, and the sentiment is neutral at 8% long. Well, this is another pair that has not delivered much of a performance today.
Pound/Yen’s rate sees a bit more action, as the daily volatility reaches 51 pips. The rate was point 23% up from the opening level, but this pair still sees a paltry amount of funding. The sentiment is neutral at 7% short. This sounds repetitive, but once again, there’s not much to report for this instrument.
But there’s also the Euro/Yen, which has gained 40 pips or point 24% during the session and, for one, this pair indeed sees the usual amount of funding. The sentiment is neutral at 3% long. Bulls actually had some chances for profit, which is a notable achievement for this session.
I’m Jessica Walker and this was the Midday Snapshot for Tuesday. Stay tuned for the hourly updates.
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