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Euro/Dollar’s long term average spread is point 29 pips and peak separation has been 1.4 pips.
The pair rose yesterday by point 79% or 93 pips to break through the 1 19 level as recent bullish run continued.
Despite the volatile rate movement, spreads have been mostly calm and they peaked at just 1.4 pips yesterday at a quarter past noon as the US ADP employment report was released.
The Cable’s daily average spread is point 73 pips and both of the sides were 3.2 pips apart yesterday.
Pound/Dollar gained a total of point 45% or 60 pips to reach the high of 1 3268.
Spreads were up to 3.2 pips yesterday during the publication of the US ADP employment report and both of the sides were 3 pips apart today at 8:30 as the UK Services PMI was out.
And last up is the Dollar/Yen, which has long term average and maximum spreads of point 34 and 2.3 pips respectively.
The pair dropped yesterday by point 64% or 71 pips, but most of the loss was recovered afterwards.
The US ADP employment report sent the spreads up here as well, but 2.3 pips is the line that shouldn’t have been crossed.
I’m Celeste Skinner and this wraps up the Dukascopy Spike Controller for Thursday.

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