It`s noon GMT on this Wednesday so let`s have a look at the performance of the market players. I`m Imogen Comrie. Euro/dollar has been mostly calm today, declining by 51 pips after 8 o`clock. Traded volume is average and the sentiment is neutral, long positions are up by 13%. Rate movement has been mostly flat, but the late decline has brought some chances for bearish market players. Pound/Dollar was trending South during most of the day, but a late rise has cancelled out all of the loss. The Cable sees a typical amount of funds and the sentiment is neutral, 3% short. Both of the close to equal sides have seen their chances and risks as a single trend hasn’t formed. Dollar/Yen has had a calm day, trading in a total range of just 32 pips and attracting 42% less than average funds. Sentiment is neutral, 3% long. Both the slow trading and low volatility suggest no major shifts in funds are likely. Pound/yen saw some volatile rate shifts as midday approached and it was only slightly in the green at noon. Traded volume is low and the sentiment is neutral, almost at a balance. Both of the close to equal sides have had their chances and risks, but changes in funds should be limited by the calm trading. Euro/Yen spiked after 8 o`clock, but a following decline has resulted in a loss of point 26%. Traded volume is average and the sentiment is neutral, just 3% short. Spike has brought chances and risks for both bullish and bearish market players. This wraps up the Midday Snapshot for Wednesday. As usual, these stats will be updated every hour, so stay tuned.
It`s noon GMT on this Wednesday so let`s have a look at the performance of the market players. I`m Imogen Comrie.
Euro/dollar has been mostly calm today, declining by 51 pips after 8 o`clock. Traded volume is average and the sentiment is neutral, long positions are up by 13%. Rate movement has been mostly flat, but the late decline has brought some chances for bearish market players.
Pound/Dollar was trending South during most of the day, but a late rise has cancelled out all of the loss. The Cable sees a typical amount of funds and the sentiment is neutral, 3% short. Both of the close to equal sides have seen their chances and risks as a single trend hasn’t formed.
Dollar/Yen has had a calm day, trading in a total range of just 32 pips and attracting 42% less than average funds. Sentiment is neutral, 3% long. Both the slow trading and low volatility suggest no major shifts in funds are likely.
Pound/yen saw some volatile rate shifts as midday approached and it was only slightly in the green at noon. Traded volume is low and the sentiment is neutral, almost at a balance. Both of the close to equal sides have had their chances and risks, but changes in funds should be limited by the calm trading.
Euro/Yen spiked after 8 o`clock, but a following decline has resulted in a loss of point 26%. Traded volume is average and the sentiment is neutral, just 3% short. Spike has brought chances and risks for both bullish and bearish market players.
This wraps up the Midday Snapshot for Wednesday. As usual, these stats will be updated every hour, so stay tuned.
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