Sterling On A Move Lower

It's 12 PM GMT on this Thursday, and the Dukascopy TV team is here with another Midday Snapshot. Euro/Dollar has had an extremely slow session — the high and low difference is just 20 pips and traded volume is extremely low. Neutral sentiment of the traders is one percent long, but both the passive trading approach and the calm rate movement suggest no significant moves in funds are likely... Еще. Pound/Dollar has been trending South and the pair stood point 16 percent in the red at noon. Traded volume is low and the neutral sentiment of the traders is five percent long. The gradual downtrend makes a successful morning session very much likely for bears. Dollar/Yen rose by 22 pips, before retreating from the daily high. Traded volume is average and the neutral sentiment of the traders is six percent short. Both sides have seen only limited profit chances due to the narrow price movement range. Pound/Yen took a slide and it has resulted in a loss of point 26 percent. Traded volume is average and most of the traders were forecasting the pair to head South. It did go per those expectations, making profits very much likely for investors. Euro/Yen’s session has been slow so far, the rate movement is flat and the pair sees 40 percent less than typical funds. Most of the traders have been in long positions, but both the passive trading and the flat rate movement suggest no major moves in funds are likely. That's how things look so far. I'm Kiays Khalil and goodbye for now.

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