As trading continues this Friday, so does our coverage of the markets. Sinead MacLaughlin in the Dukascopy TV Center with the latest Midday Snapshot.
Euro/Dollar has had a slow morning session, walking in a total range of only 51 pips. This pair has attracted a typical amount of funds and the sentiment is neutral, 12% short. Rate movement has been generally flat, so both profits and losses shouldn’t be significant.
Pound/Dollar has been calmer than usual, declining by a total of 54 pips. The Cable sees 22% less than average funds and the sentiment is neutral, 7% long. Downtrend has provided bears with some chances, but moves in funds should be limited by the slow trading and narrow price movement range.
Dollar/Yen rose sharply during the early trading hours and the pair stood point 3% in the green at 12 o`clock. Traders have used approximately half of the monthly average funds and the sentiment is neutral, 5% short. Bulls have been in better positions so far, but moves in funds should be limited by the passive trading.
Pound/Yen has walked in a total corridor of 62 pips, attracting 32% less than average funds. Sentiment of the traders is neutral, long positions outweigh short ones by 14%. No major moves in funds are likely due to the calm trading and narrow price movement range.
Euro/Yen moved sharply up, the pair has gained a total of 76 pips and it was point 42% in the green at noon. Traded volume is average and the sentiment is neutral, 1% long. The bullish rate movement makes profits more likely for those who had long positions.
That’s where FX market players stand at this hour. You can continue tracking their performance with the hourly updates.

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