It’s midpoint of this week’s last trading day, so let’s see how well market players have managed to work out the rate shifts.
Euro/Dollar was heading up during most of the morning session, but a following slide took the pair to the low of 1 16. Traded volume is extremely low and sentiment of the traders is neutral, almost at an even balance. Both sides have had their profit opportunities, but the slow trading approach suggests no significant moves in funds should be expected.
Pound/Dollar has shot up by more than 100 pips and a gain of point 48% was posted at noon. The Cable sees 24% more than typical funds and sentiment of the traders is neutral, 6% long. Bulls saw solid profit opportunities as the pair moved sharply higher ahead of noon.
Dollar/Yen has had a bullish session and rise has resulted in a gain of point 32%. Traded volume is average and neutral sentiment of the traders is leaning towards the short side by 11%. The rate has been moving up, making profits more likely for bulls.
Pound/Yen has gained a solid 179 pips, which puts the pair point 8% in the green. Traded volume is average and sentiment of the traders is neutral, 14% short. Bullish run has provided plenty of profit opportunities for those who went with long positions.
Euro/Yen was moving up for hours, giving up some of the gains as the high of 129 11 was reached. Traded volume is average and neutral sentiment is leaning towards the short side by 13%. Bulls had plenty of chances during the day, but the late pull back was good news for bears.
I’m Jack Everitt and this was the Midday Snapshot for Friday.

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