It’s noon GMT on this Wednesday, so let’s see how traders have performed during the morning session. Euro/Dollar has declined to trade point 39% in the red at noon. Turnover is low and most of the traders have been forecasting the pair to head higher. The rate went in the opposite direction to those forecasts, but the slow trading approach should provide a cushion for losses. Pound/Dollar took a slide and it has resulted in a drop of point 6%. The Cable sees a typical amount of funds and sentiment of the traders is neutral, long positions are up by 8%. Sharp decline suggests a successful morning session for those who were in short positions. Dollar/Yen has walked in a relatively narrow range of 27 pips, attracting 39% less than typical funds. Neutral sentiment of the traders is 7% short. Both the slow trading and the narrow price movement range are limiting factors. Pound/Yen’s slide puts the pair point 67% in the red at 12 o’clock. Traded volume is average and neutral sentiment of the market players is 2% long. The rate has been on a slide, providing plenty of profit opportunities for bears. Euro/Yen dropped below the 130 level and a loss of point 44% has been posted. Traded volume is extremely low and sentiment of the traders is neutral, short positions are up by 7%. Profits are more likely for those who were short, but the passive trading is the limiting factor. 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 has declined to trade point 39% in the red at noon. Turnover is low and most of the traders have been forecasting the pair to head higher. The rate went in the opposite direction to those forecasts, but the slow trading approach should provide a cushion for losses.
Pound/Dollar took a slide and it has resulted in a drop of point 6%. The Cable sees a typical amount of funds and sentiment of the traders is neutral, long positions are up by 8%. Sharp decline suggests a successful morning session for those who were in short positions.
Dollar/Yen has walked in a relatively narrow range of 27 pips, attracting 39% less than typical funds. Neutral sentiment of the traders is 7% short. Both the slow trading and the narrow price movement range are limiting factors.
Pound/Yen’s slide puts the pair point 67% in the red at 12 o’clock. Traded volume is average and neutral sentiment of the market players is 2% long. The rate has been on a slide, providing plenty of profit opportunities for bears.
Euro/Yen dropped below the 130 level and a loss of point 44% has been posted. Traded volume is extremely low and sentiment of the traders is neutral, short positions are up by 7%. Profits are more likely for those who were short, but the passive trading is the limiting factor.
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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