Some markets are closed today but don’t let your broker take advantage with the Dukascopy Primary Spike Controller for Friday, I’m Sinead MacLaughlin. Euro/Dollar’s long term average spread is point 28 pips. The peak separation is 4.8 pips. The pair has been trending higher from the low of 1 1116, rising by 1.52% or 169 pips. Both sides moved apart just before 12:30pm GMT, ahead of the US jobless claims report but 4.8 pips is the biggest gap you should have seen. The Cable’s long term average spread is point 99 pips. The daily max is 9.5 pips. Pound/Dollar has declined by 1% or 154 pips. US jobless claims affected this pair as well so let’s have a closer look. Both sides separated as the rate went down but the highest peak of 9.5 pips lasted just a single tick. And Dollar/Yen’s daily spreads have averaged at point 37 pips, maxing out at 5.9 pips. The pair has gained point 92% or 109 pips. Once again, peak separation occurred during the US data release but anything above 5.9 pips should not be tolerated. So that’s the situation thus far. Stay tuned for the latest updates.
Some markets are closed today but don’t let your broker take advantage with the Dukascopy Primary Spike Controller for Friday, I’m Sinead MacLaughlin.
Euro/Dollar’s long term average spread is point 28 pips. The peak separation is 4.8 pips. The pair has been trending higher from the low of 1 1116, rising by 1.52% or 169 pips. Both sides moved apart just before 12:30pm GMT, ahead of the US jobless claims report but 4.8 pips is the biggest gap you should have seen.
The Cable’s long term average spread is point 99 pips. The daily max is 9.5 pips. Pound/Dollar has declined by 1% or 154 pips. US jobless claims affected this pair as well so let’s have a closer look.
Both sides separated as the rate went down but the highest peak of 9.5 pips lasted just a single tick.
And Dollar/Yen’s daily spreads have averaged at point 37 pips, maxing out at 5.9 pips. The pair has gained point 92% or 109 pips. Once again, peak separation occurred during the US data release but anything above 5.9 pips should not be tolerated.
So that’s the situation thus far. Stay tuned for the latest updates.
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