We are half-way through this trading day and it`s time for the Midday Snapshot where we`ll assess the performance of the market players. I`m Sinead MacLaughlin. Euro/Dollar has had a slow day so far, volatility is just 24 pips and traded volume is extremely low. Sentiment of the traders is neutral, just 5% long. Both the slow trading and narrow price movement range suggest no major profits or losses are likely. Pound/Dollar rose slightly up to approximately 7 o`clock, but a following decline took it point 15% in the red at noon. The Cable sees less than half of the monthly average funds and the sentiment is strongly bearish, 35% short. Traders had their chances after 7 o`clock, but moves in funds shouldn’t be major as trading has been slow. Dollar/Yen has walked in a narrow range of 30 pips and it was back near the opening level at midday. Traded volume is extremely low and the neutral sentiment is 2% short. Both sides have seen some chances, but no major profits or losses are likely here as well. Pound/Yen declined by a total of 58 pips and it was point 14% in the red after 12 hours of trading as it rose slightly from the daily low. Market players have traded with less than half of the monthly average funds and the sentiment is bearish, 27% short. Trades saw some solid chances during the decline and a more active approach would have increased profits. Euro/Yen declined by a total of 40 pips, but a following rise has cancelled out almost all of the loss. This pair sees a typical amount of funds and the sentiment is strongly bullish, 36% long. Traders had their chances after the daily low of 137 42 was reached. This is how traders have performed so far on this Wednesday. As usual, these stats will be updated on an hourly basis, so stay tuned.
We are half-way through this trading day and it`s time for the Midday Snapshot where we`ll assess the performance of the market players. I`m Sinead MacLaughlin.
Euro/Dollar has had a slow day so far, volatility is just 24 pips and traded volume is extremely low. Sentiment of the traders is neutral, just 5% long. Both the slow trading and narrow price movement range suggest no major profits or losses are likely.
Pound/Dollar rose slightly up to approximately 7 o`clock, but a following decline took it point 15% in the red at noon. The Cable sees less than half of the monthly average funds and the sentiment is strongly bearish, 35% short. Traders had their chances after 7 o`clock, but moves in funds shouldn’t be major as trading has been slow.
Dollar/Yen has walked in a narrow range of 30 pips and it was back near the opening level at midday. Traded volume is extremely low and the neutral sentiment is 2% short. Both sides have seen some chances, but no major profits or losses are likely here as well.
Pound/Yen declined by a total of 58 pips and it was point 14% in the red after 12 hours of trading as it rose slightly from the daily low. Market players have traded with less than half of the monthly average funds and the sentiment is bearish, 27% short. Trades saw some solid chances during the decline and a more active approach would have increased profits.
Euro/Yen declined by a total of 40 pips, but a following rise has cancelled out almost all of the loss. This pair sees a typical amount of funds and the sentiment is strongly bullish, 36% long. Traders had their chances after the daily low of 137 42 was reached.
This is how traders have performed so far on this Wednesday. As usual, these stats will be updated on an hourly basis, so stay tuned.
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