It’s time for the midday snapshot, where we assess the performance of traders until 12PM GMT this Friday. Euro/Dollar was moving slowly up, but a following decline puts the pair point 28 percent in the red at noon. Turnover is high and sentiment of the traders is neutral, short positions are up by just 3 percent. Both sides have had their profit chances as the rise was followed by a decline. Pound/Dollar shows limited rate movement of 54 pips and the pair was back near the opening level at noon. Turnover is low and neutral sentiment of the traders is at an even balance. Profits and losses shouldn’t be significant due to the narrow price movement range and calm trading approach. Dollar/Yen has walked in a total range of 41 pips, while attracting a typical amount of funds. Neutral sentiment of the traders is just 5 percent long. Bulls and bears have had their profit chances, but the calm rate movement is the limiting factor. Pound/Yen trades in a holiday mode, high and low difference is 59 pips and traded volume is low. Most of the traders have been forecasting the rate to head South. There were some profit opportunities, but no significant moves in funds are likely. Euro/Yen dropped by 81 pips after 7 AM and a loss of point 27 percent has been posted. Turnover is high and most of the funds were in short positions. Late slide has provided solid profit opportunities for investors. That’s all for this midday snapshot with myself Kiays Khalil. Thank you for watching and have a lovely holiday season!
It’s time for the midday snapshot, where we assess the performance of traders until 12PM GMT this Friday.
Euro/Dollar was moving slowly up, but a following decline puts the pair point 28 percent in the red at noon. Turnover is high and sentiment of the traders is neutral, short positions are up by just 3 percent. Both sides have had their profit chances as the rise was followed by a decline.
Pound/Dollar shows limited rate movement of 54 pips and the pair was back near the opening level at noon. Turnover is low and neutral sentiment of the traders is at an even balance. Profits and losses shouldn’t be significant due to the narrow price movement range and calm trading approach.
Dollar/Yen has walked in a total range of 41 pips, while attracting a typical amount of funds. Neutral sentiment of the traders is just 5 percent long. Bulls and bears have had their profit chances, but the calm rate movement is the limiting factor.
Pound/Yen trades in a holiday mode, high and low difference is 59 pips and traded volume is low. Most of the traders have been forecasting the rate to head South. There were some profit opportunities, but no significant moves in funds are likely.
Euro/Yen dropped by 81 pips after 7 AM and a loss of point 27 percent has been posted. Turnover is high and most of the funds were in short positions. Late slide has provided solid profit opportunities for investors.
That’s all for this midday snapshot with myself Kiays Khalil. Thank you for watching and have a lovely holiday season!
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