Find out how successful traders have been on the FX markets so far this Monday by watching the Dukascopy Midday Snapshot.
Euro/Dollar shows limited rate movement of 31 pips, but the pair has attracted an average amount of funds. Neutral sentiment of the traders is leaning towards the short side by 14 percent. The narrow price movement range suggests no significant profits or losses are likely.
Pound/Dollar declined gradually, but a late rise has recovered all of the loss. The Cable sees a typical amount of funds and neutral sentiment of the traders is just one percent short. Bears had their chances during the gradual downtrend, but bulls saw opportunities as the daily low was hit.
Dollar/Yen he been trending South to slip a single pip below the 108 level. Turnover is average and sentiment of the traders is neutral at three percent long. Downtrend has provided plenty of profit opportunities for those who were in short positions.
Pound/Yen took a slide and it has resulted in a loss of point 13 percent at noon. Traders have used a typical amount of funds trading this pair and neutral sentiment is leaning towards the long side by 12 percent. Early decline has provided solid profit opportunities for those who were short.
Euro/Yen has been trending lower as well and decline puts the pair point 24 percent in the red. Turnover is low and neutral sentiment is 14 percent short. The rate did go per the forecasts of the small majority that was long and a more active trading approach would have increased profits for them.
I’m Jack Everitt and that’s it for the 12 o’clock Midday Snapshot report. Goodbye for now.

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