Morning session is over on this Thursday so let’s see how market players have performed so far. Euro/Dollar was mostly trading sideways and a late decline puts the pair slightly in the red at noon. Traded volume is average and sentiment of the market players is neutral, 1% long. Rate movement has been generally calm, but the late decline provided some chances for bearish traders. Pound/Dollar rose by a total of 75 pips and a gain of point 31% was posted at midday. The Cable sees 38% less than typical funds and most of them have been driven by bullish expectations. The rate did go as expected and only the passive trading limits upside potential. Dollar/Yen has been calmer than usual, high and low difference is 33 pips. Traded volume is average and neutral sentiment of the traders is just 2% long. Both sides have had only limited profit chances due to the narrow price movement range. Pound/Yen has seen a rise and the pair was point 53% up from the opening level after 12 hours of trading. Turnover is low and most of the market players have been forecasting the pair to head South. Uptrend has brought risks, but the calm trading is what should cushion losses. Euro/Yen’s rate movement is relatively flat and traded volume is extremely low. Sentiment of the traders is neutral, 13% long. Both the calm trading and the flat rate movement suggest no significant profits or losses are likely. I’m Jack Everitt and this was the Midday Snapshot for Thursday. Stay tuned for the hourly updates to track the latest changes in trader performance.
Morning session is over on this Thursday so let’s see how market players have performed so far.
Euro/Dollar was mostly trading sideways and a late decline puts the pair slightly in the red at noon. Traded volume is average and sentiment of the market players is neutral, 1% long. Rate movement has been generally calm, but the late decline provided some chances for bearish traders.
Pound/Dollar rose by a total of 75 pips and a gain of point 31% was posted at midday. The Cable sees 38% less than typical funds and most of them have been driven by bullish expectations. The rate did go as expected and only the passive trading limits upside potential.
Dollar/Yen has been calmer than usual, high and low difference is 33 pips. Traded volume is average and neutral sentiment of the traders is just 2% long. Both sides have had only limited profit chances due to the narrow price movement range.
Pound/Yen has seen a rise and the pair was point 53% up from the opening level after 12 hours of trading. Turnover is low and most of the market players have been forecasting the pair to head South. Uptrend has brought risks, but the calm trading is what should cushion losses.
Euro/Yen’s rate movement is relatively flat and traded volume is extremely low. Sentiment of the traders is neutral, 13% long. Both the calm trading and the flat rate movement suggest no significant profits or losses are likely.
I’m Jack Everitt and this was the Midday Snapshot for Thursday. Stay tuned for the hourly updates to track the latest changes in trader performance.
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