You’re watching this week’s first Main Spike Controller. Let’s take a closer look at the benchmark interbank price data. Euro/Dollar has had a calm start of the week, as the average and peak spreads stand at point 26 and 1.1 pips, respectively. This pair is trending higher, and it’s up by point 34% or 36 pips from its lowest point at 1 0552. The spreads were at their highest after 11:02 yesterday evening, but at no point did they exceed just 1.1 pips. The Cable’s long-term average reaches 1.1 pips, whereas the daily max stands at 4.7 pips. Pound/Dollar has seen a sharp drop, losing point 75% or 93 pips, although it has recovered some ground from its daily low at 1 2384. Spreads peaked after 11:02 PM yesterday. Both sides separated for a number of ticks, but 4.7 pips is the most you should have seen. And Dollar/Yen’s long-term average spread stands at point 38 pips, maxing out at 1.6 pips. This pair has been moving in waves, but the biggest move was a gain of point 38% or 43 pips. Trading has been calm, and the daily max of 1.6 pips was reached after 2:13 this morning. I’m Celeste Skinner and this was the Primary Spike Controller for Monday. Stay tuned for the hourly updates.
You’re watching this week’s first Main Spike Controller. Let’s take a closer look at the benchmark interbank price data.
Euro/Dollar has had a calm start of the week, as the average and peak spreads stand at point 26 and 1.1 pips, respectively.
This pair is trending higher, and it’s up by point 34% or 36 pips from its lowest point at 1 0552.
The spreads were at their highest after 11:02 yesterday evening, but at no point did they exceed just 1.1 pips.
The Cable’s long-term average reaches 1.1 pips, whereas the daily max stands at 4.7 pips.
Pound/Dollar has seen a sharp drop, losing point 75% or 93 pips, although it has recovered some ground from its daily low at 1 2384.
Spreads peaked after 11:02 PM yesterday.
Both sides separated for a number of ticks, but 4.7 pips is the most you should have seen.
And Dollar/Yen’s long-term average spread stands at point 38 pips, maxing out at 1.6 pips.
This pair has been moving in waves, but the biggest move was a gain of point 38% or 43 pips.
Trading has been calm, and the daily max of 1.6 pips was reached after 2:13 this morning.
I’m Celeste Skinner and this was the Primary Spike Controller for Monday. Stay tuned for the hourly updates.
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