We`re back with this month’s first primary Spike Controller report, providing you with the benchmark interbank price data.
Euro/Dollar’s long term average and maximum spreads are point 35 and point 7 pips respectively.
The pair has retreated from the early high of 1 1428, declining by a total of point 48% or 55 pips.
Spreads have been calm so far this week, maximum separation has been only point 7 pips.
Pound/Dollar’s daily average spread is point 86 pips and both of the sides were 5.1 pips apart during the past 4 hours.
The Cable has dropped below the 1 30 level, declining by point 48% or 63 pips.
Spreads were at their highest point today at 8:30 in the morning as the UK Manufacturing PMI was released, but 5.1 pips is the line that shouldn’t have been crossed.
And last up is the Dollar/yen, which has a long term average spread of point 36 pips. Peak separation has been point 9 pips.
Greenback has gained ground against the Yen, appreciating by a total of point 79% or 88 pips.
Spreads have been calmer than the rate movement, max of just point 9 pips took place today at 7:36 in the morning.
I’m Celeste Skinner and this was the main Spike Controller for Monday. These stats will be updated on an hourly basis, so stay tuned.

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