Dukascopy TV team has been monitoring the benchmark interbank price stats so you can make sure you get the best deals from your broker.
Euro/Dollar’s long term average spread is point 32 pips and maximum separation has been 2 and a half pips.
The pair pushed above the 1 18 level yesterday as it gained more than 1% or 123 pips.
Spreads were elevated yesterday minutes before 4 PM as the pair rose, but 2.5 pips is the most you should have been charged.
The Cable’s daily average is point 7 pips and both of the sides were 3.1 pips apart during the past 4 hours.
Pound/Dollar’s past 24 hours have been bullish and the pair has shot up by more than 1% or 132 pips.
UK Manufacturing PMI was released today at 8:30 AM and that’s the time of the peak spread, but 3.1 pips is the line that shouldn’t have been crossed.
And last up is the Dollar/Yen, which has long term average and maximum spreads of point 34 and 1.2 pips respectively.
The pair has moved sharply lower by a total of point 6% or 66 pips to hit the low of 110.
Spreads have been mostly calm here, peaking at only 1.2 pips today at 2:18 in the morning as the pair was approaching the daily low.
I’m Jessica Walker and these were the benchmark interbank price stats for Tuesday.

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