The morning session is over on this Wednesday, so let’s look back at the rate movements and trader performance. Euro/Dollar shows limited rate movement as it dipped by 34 pips to move south of the 1 13 level. Traded volume is low and neutral sentiment of the traders is leaning towards the long side by 4%. Trading has been relatively slow and rate movement calm, so no significant shifts in trading accounts are likely. Pound/Dollar rose by 74 pips to trade point 44% in the green at 12 o’clock. The Cable sees a typical amount of funds and most of them were in short positions. The pair has been heading higher, making losses more likely for investors. Dollar/Yen has traded in a total range of just 19 pips and the pair sees 34% less than typical funds. Sentiment of the traders is bearish, short positions are up by 18%. Both the passive trading approach and flat rate movement suggest no major profits or losses. Pound/Yen rose by 81 pips to trade point 41% in the green at noon. Traders have used less than half of the monthly average funds to trade this pair and short positions are in the lead by just 5%. The has been on a rise, providing profit chances for those who were long. Euro/Yen’s session has been relatively slow – high and low difference is just 45 pips and traded volume is extremely low. Neutral sentiment of the traders is 7% short. No significant moves in trading accounts are likely here as well. I’m Jack Everitt and this was the Midday Snapshot for Wednesday.
The morning session is over on this Wednesday, so let’s look back at the rate movements and trader performance.
Euro/Dollar shows limited rate movement as it dipped by 34 pips to move south of the 1 13 level. Traded volume is low and neutral sentiment of the traders is leaning towards the long side by 4%. Trading has been relatively slow and rate movement calm, so no significant shifts in trading accounts are likely.
Pound/Dollar rose by 74 pips to trade point 44% in the green at 12 o’clock. The Cable sees a typical amount of funds and most of them were in short positions. The pair has been heading higher, making losses more likely for investors.
Dollar/Yen has traded in a total range of just 19 pips and the pair sees 34% less than typical funds. Sentiment of the traders is bearish, short positions are up by 18%. Both the passive trading approach and flat rate movement suggest no major profits or losses.
Pound/Yen rose by 81 pips to trade point 41% in the green at noon. Traders have used less than half of the monthly average funds to trade this pair and short positions are in the lead by just 5%. The has been on a rise, providing profit chances for those who were long.
Euro/Yen’s session has been relatively slow – high and low difference is just 45 pips and traded volume is extremely low. Neutral sentiment of the traders is 7% short. No significant moves in trading accounts are likely here as well.
I’m Jack Everitt and this was the Midday Snapshot for Wednesday.
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