It’s time for us to take a look at the benchmark interbank price data for the 3 non-cross majors with the primary Spike Controller for this Wednesday. Euro/dollar has long term average and maximum spreads of point 21 and point 9 pips respectively. The pair has moved South today, dropping by a total of point 56% or 59 pips to hit the low at just slightly below the 1 05 level. Spreads have been generally calm and the max of only point 9 pips took place yesterday at 2:17 PM GMT. The Cable’s daily average spread is point 72 pips and both of the sides were 3 pips apart less than an hour ago. Pound/Dollar’s long term high and low difference of 106 pips was posted as the pair gained point 85%. Second Estimate of the UK GDP was released today at 9:30 and that’s the time of the peak daily spread, but 3 pips is the line that shouldn’t have been crossed. And last up is the Dollar/Yen, which has a daily average of point 32 pips. Max separation has been just a single pip. Greenback has been on a slide against the Yen, declining by a total of point 6% or 68 pips. Last 24 have brought no major shake ups in spreads, both of the sides separated by 1 pip today at 9:37 AM. I’m Celeste Skinner and this wraps up the main report for Wednesday. If you are in doubt about any of your trades, click back for the hourly updates.
It’s time for us to take a look at the benchmark interbank price data for the 3 non-cross majors with the primary Spike Controller for this Wednesday.
Euro/dollar has long term average and maximum spreads of point 21 and point 9 pips respectively.
The pair has moved South today, dropping by a total of point 56% or 59 pips to hit the low at just slightly below the 1 05 level.
Spreads have been generally calm and the max of only point 9 pips took place yesterday at 2:17 PM GMT.
The Cable’s daily average spread is point 72 pips and both of the sides were 3 pips apart less than an hour ago.
Pound/Dollar’s long term high and low difference of 106 pips was posted as the pair gained point 85%.
Second Estimate of the UK GDP was released today at 9:30 and that’s the time of the peak daily spread, but 3 pips is the line that shouldn’t have been crossed.
And last up is the Dollar/Yen, which has a daily average of point 32 pips. Max separation has been just a single pip.
Greenback has been on a slide against the Yen, declining by a total of point 6% or 68 pips.
Last 24 have brought no major shake ups in spreads, both of the sides separated by 1 pip today at 9:37 AM.
I’m Celeste Skinner and this wraps up the main report for Wednesday. If you are in doubt about any of your trades, click back for the hourly updates.
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