We’re halfway through the last trading day of the week; let’s see how things are shaping up for the market players. Euro/Dollar has had an extremely slow session as the pair walked in a total range of just 21 pips. The pair sees a typical amount of funds despite the flat rate movement. Neutral sentiment of the traders is leaning towards the long side by nine percent, but no significant moves in funds should be expected. Pound/Dollar was moving slowly South during most of the morning session, but a late rise took the pair slightly in the green. The Cable sees 42 percent less than typical funds and the neutral sentiment of the traders is three percent short. Both sides have had limited profit chances due to the calm rate movement and slow trading approach. Dollar/Yen’s high and low difference is just 25 pips and the pair sees less than half of the usual funds. Most of those funds have been driven by bullish expectations. The rate movement hasn’t been as bullish as expected and no significant profits or losses should be expected. Pound/Yen rose by 63 pips from the daily low and a slight gain was posted at noon. Traded volume is extremely low and most of the market players have been in short positions. Traders saw some chances during the early trading hours, but the following rise brought some risks. Euro/Yen’s session has been slow – high and low difference is just 35 pips and traded volume is extremely low. Most of the funds were allocated in long positions, but both profits and losses should be limited by the passive trading approach and the flat rate movement. You’ve been watching the Midday Snapshot for Friday with me, Kiays Khalil.
We’re halfway through the last trading day of the week; let’s see how things are shaping up for the market players.
Euro/Dollar has had an extremely slow session as the pair walked in a total range of just 21 pips. The pair sees a typical amount of funds despite the flat rate movement. Neutral sentiment of the traders is leaning towards the long side by nine percent, but no significant moves in funds should be expected.
Pound/Dollar was moving slowly South during most of the morning session, but a late rise took the pair slightly in the green. The Cable sees 42 percent less than typical funds and the neutral sentiment of the traders is three percent short. Both sides have had limited profit chances due to the calm rate movement and slow trading approach.
Dollar/Yen’s high and low difference is just 25 pips and the pair sees less than half of the usual funds. Most of those funds have been driven by bullish expectations. The rate movement hasn’t been as bullish as expected and no significant profits or losses should be expected.
Pound/Yen rose by 63 pips from the daily low and a slight gain was posted at noon. Traded volume is extremely low and most of the market players have been in short positions. Traders saw some chances during the early trading hours, but the following rise brought some risks.
Euro/Yen’s session has been slow – high and low difference is just 35 pips and traded volume is extremely low. Most of the funds were allocated in long positions, but both profits and losses should be limited by the passive trading approach and the flat rate movement.
You’ve been watching the Midday Snapshot for Friday with me, Kiays Khalil.
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