Midday Snapshot
October 5, 2018 1:01 pmVideo
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It’s time for the midday snapshot where we assess the performance of traders until 12PM GMT this Friday.
First up is the EUR/USD where a 33 pip drop sees the pair point 09% in the red at midday. Trading has been very calm and sentiment is neutral. A relatively good day for bears here so far.
Next up is the GBP/USD where the biggest move was a 57 pip gain. However, a subsequent drop leaves the pair just point 23% in the green at midday. Trading has been calm with 50% less than typical funds and sentiment is strongly bullish at 50% long. A good day so far for traders here.
Next we look at USD/JPY where an up and down day sees the pair even at a balance at midday, with the biggest move being a 31 pip drop. Trading has been calm and sentiment is strongly bullish at 42% long. Not the best day for traders here, although no dramatic losses.
The penultimate pair is the GBP/JPY where a 69 pip move north sees the pair point 23% in the green at midday. Trading has been calm and sentiment is bullish at 15% long. A good day for traders here so far.
Finally we look at the EUR/JPY where a 58 pip drop sees the pair point 10% in the red at midday. Trading has been average in terms of volume and sentiment is neutral. This pair has been one for the bears today.
That’s all for this midday snapshot with myself Jack Everitt, thank you for watching, we’ll be back with more on Monday.
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