It’s noon GMT on this Thursday and time for the Dukascopy Midday Snapshot, where we`ll find out how market players have managed to work out the rate movements.
Euro/Dollar has been climbing higher, breaking through the 1 14 level and the pair stands point 24% in the green at noon after a correction wiped out some of the gains. Traded volume is average and sentiment of the traders is neutral, 2% short. Bulls had plenty of chances during the rises, but the late pull back was good news for bears.
Pound/Dollar gave up some of the gains after hitting the daily high at slightly above the 1 30 level. The Cable sees 26% less than typical funds and sentiment of the traders is neutral, 9% short. Both sides have had their profit chances as the pair retreated from the daily high.
Dollar/Yen shot up by 62 pips hours into the session and rise puts the pair point 3% in the green at 12 o’clock. Traded volume is average and neutral sentiment of the traders is leaning towards the long side by 13%. Rise has provided solid profit opportunities for the small majority of the traders that had long positions.
Pound/Yen moved steeply higher and the pair stood point 54% up from the opening level at noon. Traded volume is average and most of the traders have been forecasting the pair to head South. Steep rise has brought serious risks for investors.
Euro/Yen shot up by more than 100 pips and the pair was point 53% in the positive territory at midday. Traders have used more than double the monthly average funds and sentiment is neutral at 5% long. Bullish rate movement suggests a successful morning session for those who were long.
I’m Kiays Khalil and that’s it for Thursday’s main report. Track the latest changes in trader performance trends by clicking back for the hourly updates.

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