The morning session is over on this Wednesday, and it's time for the Dukascopy Midday Snapshot. Euro/Dollar has had a bearish session, and a loss of 64 pips left it point 33% in the red at noon. This pair sees the usual amount of funding, and the sentiment is neutral, although long positions prevail by 14%. Bulls have been in much better positions so far. The Cable's drop of 85 pips was followed... Еще by a recovery, but it still was point 16% down after 12 hours of trading. Traded volume is close to the usual amount, and the neutral traders' sentiment stands at 6% short. Success depends on timing as both sides had their chances during the day. Dollar/Yen has been trending higher for most of the last 12 hours, gaining a total of point 45% or 75 pips, but trading has been somewhat slower than usual. No clear sentiment has formed as long positions are up by just 4%. This has been a good day for bulls, but the slow trading will probably limit their profits. Pound/Yen started moving higher after 7 o'clock, and it stood point 3% in the green at midday. Traded volume is in line with the monthly average, and the sentiment is neutral at 8% short. The initial decline brougt some opportunities for bears, but the rise was better news for bulls. And Euro/Yen's gain of 40 pips left it point 12% in the green at noon. Traded volume is one third down from the monthly average, and the sentiment is clearly bullish as long positions prevail by 50%. Trading should be successful albeit limited by the low volume and narrow rate movement. I'm Jessica Walker and that's how things look so far, but you may track the latest developments with the hourly updates.