Midday Snapshot

The morning session is over on this Wednesday; let's look back at the rate movements and trader performance. Euro/Dollar has seen limited movement, and it stood just point 1% the green at 12 o'clock. Trading has been slow as well, but the sentiment is bullish at 23% long. This has been a slow day, so any profits or losses will be limited. The Cable shot up after half past 8, gaining a total of... Еще 99 pips, but a subsequent correction left it point 16% in the green at midday. Traded volume is 57% up from the monthly average, and the neutral traders' sentiment stands at 2% long. Success depends on timing, but it is somewhat more likely for bulls. Dollar/Yen was trending lower for most of the session, losing 42 pips, and the total loss reached point 26% at noon. This pair sees one third less funding than usual, and the sentiment is neutral, although short positions prevail by 10%. Trading should be successful for the small majority of bears. Pound/Yen's biggest move was a drop of 106 pips, and the pair was point 1% in the red after 12 hours of trading. Traded volume is one third up from the monthly average, and both sides are almost at a balance. Bears have been in better positions so far, although bulls had some chances with exceptional timing. And Euro/Yen has had a bearish session, losing 52 pips and standing point 15% down from the opening level at midday. Traded volume is half the usual amount, and the sentiment is neutral at 6% short. The slow trading should limit any shifts in funds. I'm Jessica Walker and this was the Midday Snapshot. Stay tuned for the hourly updates.

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