Hello. Charlie Fooks back in the Dukascopy TV Centre with the Midday Snapshot for Wednesday. Let’s take a look at how currency traders have performed over the 12 hours to midday. Euro/Dollar rose by 36 pips from the early low and a gain of point 11% was posted at noon. Trading has been active, volume is high and the sentiment is bearish, 17% short. The gradual uptrend makes losses more likely for investors. Pound/Dollar has been trending North and the pair stood point 28% in the green at midday. The Cable has attracted a typical amount of funds and the sentiment is neutral, just 11% short. Trading should be successful for bulls, but uptrend makes losses more likely for bears. Dollar/Yen has had a bearish day so far, declining by a total of 30 pips. Traded volume is extremely low and the sentiment is bullish, long positions are up by 18%. Downtrend has brought plenty of risks for investors, but losses should be limited by the calm trading. Pound/Yen rose by 47 pips after 8 o`clock and it was only a fraction in the green at midday. Turnover is 28% up from the monthly average and the sentiment is neutral, 7% long. The generally narrow price movement range should limit moves in funds for both sides. Euro/Yen declined sharply early in the session, but most of the loss was recovered in a following rise. This pair has attracted less than half of the monthly average funds and the sentiment is bearish, 30% short. Traders had their opportunities early in the day, but profits and losses should be limited by the passive trading. That brings Wednesday’s Midday Snapshot to an end. Check back in throughout the day for the very latest updates of these stats.
Hello. Charlie Fooks back in the Dukascopy TV Centre with the Midday Snapshot for Wednesday. Let’s take a look at how currency traders have performed over the 12 hours to midday.
Euro/Dollar rose by 36 pips from the early low and a gain of point 11% was posted at noon. Trading has been active, volume is high and the sentiment is bearish, 17% short. The gradual uptrend makes losses more likely for investors.
Pound/Dollar has been trending North and the pair stood point 28% in the green at midday. The Cable has attracted a typical amount of funds and the sentiment is neutral, just 11% short. Trading should be successful for bulls, but uptrend makes losses more likely for bears.
Dollar/Yen has had a bearish day so far, declining by a total of 30 pips. Traded volume is extremely low and the sentiment is bullish, long positions are up by 18%. Downtrend has brought plenty of risks for investors, but losses should be limited by the calm trading.
Pound/Yen rose by 47 pips after 8 o`clock and it was only a fraction in the green at midday. Turnover is 28% up from the monthly average and the sentiment is neutral, 7% long. The generally narrow price movement range should limit moves in funds for both sides.
Euro/Yen declined sharply early in the session, but most of the loss was recovered in a following rise. This pair has attracted less than half of the monthly average funds and the sentiment is bearish, 30% short. Traders had their opportunities early in the day, but profits and losses should be limited by the passive trading.
That brings Wednesday’s Midday Snapshot to an end. Check back in throughout the day for the very latest updates of these stats.
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