The last 24 hours have seen some notable shifts in currency markets, so make sure your broker has not tried to overcharge you. Euro/Dollar’s long-term average spread reaches point 35 pips, peaking at 2.3 pips. The overall movement for this pair has been bullish, as it’s up by point 83% or 88 pips. Spreads were at their highest after 5:41 yesterday afternoon, but 2.3 pips is as high as they went. Next up is the Cable with the average and peak spreads of point 74 and 9.9 pips, respectively. The pair surged by 2.89% or 362 pips yesterday, but its subsequent movement has been more subdued. Once again, spreads peaked after 5:41 yesterday, so let’s take a closer look. Both sides separated before moving back together, but 9.9 pips is as high as they went. And Dollar/Yen’s spreads have averaged at point 3 pips over the last 24 hours. The daily max is 1.4 pips. This pair lost point 62% or 68 pips yesterday, but it has since rebounded from its lowest point at 108 32. Trading has been calm, and the daily max of 1.4 pips was posted after 2:04 yesterday afternoon. I’m Jack Everitt and this was the Main Spike Controller for Wednesday. Stay tuned for the hourly updates.
The last 24 hours have seen some notable shifts in currency markets, so make sure your broker has not tried to overcharge you.
Euro/Dollar’s long-term average spread reaches point 35 pips, peaking at 2.3 pips.
The overall movement for this pair has been bullish, as it’s up by point 83% or 88 pips.
Spreads were at their highest after 5:41 yesterday afternoon, but 2.3 pips is as high as they went.
Next up is the Cable with the average and peak spreads of point 74 and 9.9 pips, respectively.
The pair surged by 2.89% or 362 pips yesterday, but its subsequent movement has been more subdued.
Once again, spreads peaked after 5:41 yesterday, so let’s take a closer look.
Both sides separated before moving back together, but 9.9 pips is as high as they went.
And Dollar/Yen’s spreads have averaged at point 3 pips over the last 24 hours. The daily max is 1.4 pips.
This pair lost point 62% or 68 pips yesterday, but it has since rebounded from its lowest point at 108 32.
Trading has been calm, and the daily max of 1.4 pips was posted after 2:04 yesterday afternoon.
I’m Jack Everitt and this was the Main Spike Controller for Wednesday. Stay tuned for the hourly updates.
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