The last 24 hours have brought some rather strong moves in the FX markets, so make sure your broker has not tried to overcharge you. Euro/Dollar’s daily average spread is point 21 pips and both of the sides were 2.4 pips apart yesterday. Euro has been on a sharp rise against the Buck and the pair has gained 1.15% or 121 pips to reach the high of 1 0642. US CPI and Retail sales both were out yesterday at 1:30 PM GMT and that’s the time of the peak daily spread, but 2.4 pips is the biggest gap you should have seen. The Cable’s long term average and maximum spreads are point 78 and 4.6 pips respectively. Last 24 hours have been bullish for the Pound/Dollar, the pair has gained a total of 1.1% or 136 pips. Spreads were increased for a while yesterday at 1:30 PM GMT during the US data run here as well, but 4.6 pips is the most you should have been charged. And last up is the Dollar/Yen, which has a daily average of point 32 pips. Max separation has been 5.9 pips. Last 24 hours have been bearish for this pair, it’s dropped by a total of 1.22% or 140 pips to hit the low of 113 56. US CPI and retail sales reports sent the spreads higher yesterday at 1:30 PM GMT here as well, but make sure your broker hasn’t increased them artificially above the daily max of 5.9 pips. I’m Celeste Skinner and that’s how things look so far, but we’ll be providing you with the latest updates throughout the day, so check back.
The last 24 hours have brought some rather strong moves in the FX markets, so make sure your broker has not tried to overcharge you.
Euro/Dollar’s daily average spread is point 21 pips and both of the sides were 2.4 pips apart yesterday.
Euro has been on a sharp rise against the Buck and the pair has gained 1.15% or 121 pips to reach the high of 1 0642.
US CPI and Retail sales both were out yesterday at 1:30 PM GMT and that’s the time of the peak daily spread, but 2.4 pips is the biggest gap you should have seen.
The Cable’s long term average and maximum spreads are point 78 and 4.6 pips respectively.
Last 24 hours have been bullish for the Pound/Dollar, the pair has gained a total of 1.1% or 136 pips.
Spreads were increased for a while yesterday at 1:30 PM GMT during the US data run here as well, but 4.6 pips is the most you should have been charged.
And last up is the Dollar/Yen, which has a daily average of point 32 pips. Max separation has been 5.9 pips.
Last 24 hours have been bearish for this pair, it’s dropped by a total of 1.22% or 140 pips to hit the low of 113 56.
US CPI and retail sales reports sent the spreads higher yesterday at 1:30 PM GMT here as well, but make sure your broker hasn’t increased them artificially above the daily max of 5.9 pips.
I’m Celeste Skinner and that’s how things look so far, but we’ll be providing you with the latest updates throughout the day, so check back.
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