It’s noon GMT on this Wednesday, so let’s see how traders have performed during the morning session. Euro/Dollar was back near the opening level at noon after trading in a total range of just 42 pips. Traded volume is low and neutral sentiment of the traders is almost at an even balance. Both sides had their chances, but upside potential is limited by the passive trading approach and narrow price movement range. Pound/Dollar rose sharply after 6 AM to hit the daily high just a pip below the 1 28 level. The Cable sees 25% less than typical funds and most of them were in short positions. Traders saw some chances early on, but the following rise brought risks. Dollar/Yen was moving up early in the day and a gain of point 24% has been posted. Traders have used just half of the monthly average funds and sentiment is neutral, 12% short. Early rise has provided profit chances for those who were long. Pound/Yen shot up by a total of 128 pips to trade point 67% in the green at noon. Traded volume is low and most of the funds were in short positions. Steep surge has brought risks, but the passive trading approach is the cushion for losses. Euro/Yen rose gradually and a gain of point 35% has been posted. Traded volume is extremely low and most of the funds were in short positions. Gradual rise makes losses more likely, but the passive trading approach should help to limit them. I’m Jack Everitt and this is how the sentiment of the traders compares with the actual rate movements by noon GMT.
It’s noon GMT on this Wednesday, so let’s see how traders have performed during the morning session.
Euro/Dollar was back near the opening level at noon after trading in a total range of just 42 pips. Traded volume is low and neutral sentiment of the traders is almost at an even balance. Both sides had their chances, but upside potential is limited by the passive trading approach and narrow price movement range.
Pound/Dollar rose sharply after 6 AM to hit the daily high just a pip below the 1 28 level. The Cable sees 25% less than typical funds and most of them were in short positions. Traders saw some chances early on, but the following rise brought risks.
Dollar/Yen was moving up early in the day and a gain of point 24% has been posted. Traders have used just half of the monthly average funds and sentiment is neutral, 12% short. Early rise has provided profit chances for those who were long.
Pound/Yen shot up by a total of 128 pips to trade point 67% in the green at noon. Traded volume is low and most of the funds were in short positions. Steep surge has brought risks, but the passive trading approach is the cushion for losses.
Euro/Yen rose gradually and a gain of point 35% has been posted. Traded volume is extremely low and most of the funds were in short positions. Gradual rise makes losses more likely, but the passive trading approach should help to limit them.
I’m Jack Everitt and this is how the sentiment of the traders compares with the actual rate movements by noon GMT.
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