Midday Snapshot

We're halfway through this week's last trading day, so let's see how things have been shaping up for the market players. Euro/Dollar has been trending higher and rise puts the pair point 23% in the green at 12 o’clock. Traded volume is average and neutral sentiment of the market players is 11% short. Gradual rise has provided plenty of profit opportunities for those who were long. Pound/Dollar... Еще has shot up by more than 200 pips to trade 1.27% up from the opening level at midday. The Cable sees a massive 325% more than average funds and sentiment of the traders is neutral, 4% short. Bulls saw some solid profit opportunities as the rate shot higher. Dollar/Yen has gained a lot of ground as well and the pair was more than 1% in the positive territory at noon. Trading has been typical in terms of volume and sentiment of the traders is neutral, short positions are up by 9%. Steep rise suggests a successful morning session for bullish market players. Pound/Yen has had an extremely bullish morning session as the pair gained a total of 432 pips to hit the high of 151 56. This instrument sees more than double the monthly average funds and most of the traders have been bearish in their expectations. Steep rise was bad news for investors. Euro/Yen has appreciated by a massive 206 pips to post a gain of 1.42%. Traded volume is average and most of the funds have been driven by bearish expectations. The rate went in the opposite direction to those forecasts, making losses more likely. I’m Celeste Skinner and this concludes the Midday Snapshot for Friday.

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