Midday Snapshot

Let’s see what’s happening on the FX markets at noon GMT on the final trading day of this week. Euro/Dollar rose gradually to break through the 1 17 level once again and a gain of point 25% has been posted. Turnover is high, 44% up from the monthly average and neutral sentiment of the traders is 9% short. Day has been Euro bullish and profits are more likely for those who were long. Pound/Dollar’s... Еще session has been slow — high and low difference is just 32 pips and traded volume is extremely low. Neutral sentiment of the traders is close to a balance. Both the passive trading and the flat rate movement suggest no major profits or losses can be expected. Dollar/Yen’s decline was followed by a rise and it puts the pair slightly in the green. Turnover is typical and neutral sentiment of the traders is at a balance. Bears had some chances early on, but the following rise was good news for bulls. Pound/Yen rose by 78 pips and a gain of point 22% has been posted. This pair sees 22% more than typical funds and neutral sentiment of the traders is 3% short. Gradual uptrend has provided plenty of profit chances for those who were long. Euro/Yen has shot up, breaking above the 130 level and the pair stands point 38% in the positive territory. Traded volume is average and most of the market players have been forecasting the instrument to appreciate. It did go per those expectations, bringing profits for investors. I’m Kiays Khalil and you’ve been watching the Dukascopy Midday Snapshot for Friday.

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