We’re halfway through this week’s first trading day, so let’s see how things have been shaping up for the market players. Euro/Dollar has climbed higher by a total of 44 pips and the pair was point 29% up from the opening level at noon. Turnover is high and sentiment of the traders is neutral, short positions are in the lead by 6%. Bullish rate movement makes a successful start of the day more likely for those who were long. Pound/Dollar went sharply higher and rise has resulted in a gain of point 62%. The Cable sees 67% more than typical funds and sentiment of the traders is neutral, 5% short. Trading should be successful for those who had long positions. Dollar/Yen has been mostly moving lower and the pair stood point 34% in the red at midday. Traded volume is high and sentiment of the market players is neutral, 3% short. Downtrend puts bearish market players in better positions. Pound/Yen has appreciated by close to 100 pips as the pair hit the daily high at just slightly above the 139 level. Traded volume is extremely high and neutral sentiment of the traders is 1% short. Bullish rate movement has provided plenty of profit chances for those who were long. Euro/Yen’s daily high and low difference is just 42 pips and the pair has attracted 31% less than typical funds. Most of the funds have been driven by bullish expectations. Shifts in funds shouldn’t be significant due to the flat rate movement and passive trading. I’m Jessica Walker and that’s all for Monday’s Midday Snapshot, but you may track the latest developments with the hourly updates.
We’re halfway through this week’s first trading day, so let’s see how things have been shaping up for the market players.
Euro/Dollar has climbed higher by a total of 44 pips and the pair was point 29% up from the opening level at noon. Turnover is high and sentiment of the traders is neutral, short positions are in the lead by 6%. Bullish rate movement makes a successful start of the day more likely for those who were long.
Pound/Dollar went sharply higher and rise has resulted in a gain of point 62%. The Cable sees 67% more than typical funds and sentiment of the traders is neutral, 5% short. Trading should be successful for those who had long positions.
Dollar/Yen has been mostly moving lower and the pair stood point 34% in the red at midday. Traded volume is high and sentiment of the market players is neutral, 3% short. Downtrend puts bearish market players in better positions.
Pound/Yen has appreciated by close to 100 pips as the pair hit the daily high at just slightly above the 139 level. Traded volume is extremely high and neutral sentiment of the traders is 1% short. Bullish rate movement has provided plenty of profit chances for those who were long.
Euro/Yen’s daily high and low difference is just 42 pips and the pair has attracted 31% less than typical funds. Most of the funds have been driven by bullish expectations. Shifts in funds shouldn’t be significant due to the flat rate movement and passive trading.
I’m Jessica Walker and that’s all for Monday’s Midday Snapshot, but you may track the latest developments with the hourly updates.
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