Midday Snapshot

Find out how things have been shaping up for the market players on this first day of the trading week by watching the Dukascopy Midday Snapshot. Euro/Dollar has walked in a total range of only 35 pips, but the pair sees 40% more than typical funds. Most of the traders have been forecasting the pair to head higher. No significant moves in trading accounts are likely due to the generally calm rate... Еще movement. Pound/Dollar’s gradual decline was followed by a rise and a slight gain was posted at noon. The Cable sees less than half of the monthly average funds and most of them have been driven by bullish expectations. Traders have seen chances and risks, but the passive trading approach is what should limit shifts in trading accounts. Dollar/Yen declined by 38 pips early in the day, but rate movement has been mostly flat. Turnover is average and neutral sentiment of the market players is 7% long. Bears had some chances early on, but the flat rate movement is the limiting factor. Pound/Yen had a bearish start of the day, but all of the loss has since been recovered. Traded volume is low and most of the traders have been bearish in their expectations. Both trends have lasted for hours, providing chances and risks for investors. Euro/Yen moved sharply lower early in the day and the pair was point 29% in the red at 12 o’clock. Turnover is low and most of the traders have been bullish in their expectations. Early decline has brought risks, but the slow trading is what should cushion losses. I'm Jessica Walker and that’s it for Monday’s Midday Snapshot.

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