It’s Thursday, 5th of January and you’re watching the main Spike Controller, providing you with the benchmark interbank price data.
Euro/Dollar’s long term average spread is point 28 pips and maximum separation has been 1.4 pips.
The pair has been on a sharp rise from the low of 1 0423 as it gained a total of 1.46% or 152 pips.
Spreads have been calmer than the rate movement – max of just 1.4 pips took place yesterday at 11 PM GMT.
The Cable’s daily average is slightly above the 1 pip mark and both of the sides were 5 pips apart less than an hour ago.
Pound/Dollar shot up by close to 1% or 113 pips, but it dropped from the high of 1 2364.
UK Services PMI report sent the spreads higher today at 9:30 in the morning, but the max of 5 pips lasted just a single tick.
Last up is the Dollar/Yen, which has long term average and maximum spreads of point 42 and 2.7 pips respectively.
Greenback has been on a slide against the Yen, dropping by almost 2% or 220 pips to hit the low of 115 58.
No major spreads have been recorded and the max of 2.7 took place yesterday at 12:41 PM.
I’m Celeste Skinner and this was the primary Spike Controller for Thursday, but we’ll be updating these stats on an hourly basis, so stay tuned.

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