The morning session is over on this Monday, so let's see how well the market players have worked out the rate movements. Euro/Dollar’s day has been calm so far, rate movement is flat and traded volume is extremely low. Neutral sentiment of the traders is just 3% short. Both the slow trading along with the flat rate movement suggest moves in trading accounts shouldn’t be significant. Pound... Еще/Dollar moved sharply down and the pair stood point 46% in the red at noon. The Cable sees a typical amount of funds and the sentiment of the traders is neutral, 7% long. Decline has provided bears with some solid profit opportunities. Dollar/Yen has been trading in a narrow range of 45 pips, attracting 29% less than average funds. Sentiment of the market players is neutral, short positions are up by just 3%. Changes in trading accounts shouldn’t be significant due to the slow start of the day. Pound/Yen took a slide to hit the low at just slightly above the 130 level. Trading has been active, volume is high and sentiment of the traders is neutral, short positions are in the lead by only 2%. Steep slide suggests a successful morning session for those who had short positions. Euro/Yen’s high and low difference is just 50 pips and traded volume is extremely low. Neutral sentiment of the traders is at an even balance, but both sides shouldn’t see major shifts in trading accounts due to the flat rate movement and passive trading. I’m Sam Meredith and that concludes Monday's Midday Snapshot. Check back throughout the day for the latest updates.