Midday Snapshot

This week’s last trading day’s morning session is over and it’s time for the Dukascopy Midday Snapshot. Euro/Dollar’s session has been calm — high and low difference is just 26 pips and traded volume is low. Neutral sentiment of the traders is 9% long. Rate movement has been flat and trading passive, so moves in funds should be minimal. Pound/Dollar shows a similar picture, rate movement has... Еще been calm and trading passive. Sentiment of the market players is neutral, long positions are up by 9%. No major profits or losses are likely here as well. Dollar/Yen shot up early in the session to trade point 19% in the green at 12 o’clock. Traded volume is extremely low and most of the traders have been forecasting the pair to head lower. Early rise makes losses more likely, but they should be cushioned by the slow trading. Pound/Yen gave up some of the gains after rising by a total of 56 pips. Turnover is low and most of the funds have been driven by bearish expectations. There have been some chances, but once again, the limiting factors are the narrow price movement range and the slow trading. Euro/Yen has traded in a total range of just 35 pips, but the pair sees an average amount of funds. Neutral sentiment of the traders is almost at an even balance. The generally calm rate movement makes no major profits or losses likely. I’m Jessica Walker and this is how market players have performed so far on Friday.

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