It’s time for us to see if economic news events have influenced the spread levels for the 3 non-cross majors on this week’s last trading day.
Euro/Dollar’s long term average and maximum spreads are point 24 and 2 pips respectively.
The pair rose sharply yesterday, gaining a massive 1.26% or 132 pips to reach the high of 1 0615.
It has been busy with economic news releases during the last 24 hours, but both of the sides haven’t separated by more than 2 pips.
This reading was posted yesterday at a quarter past 1 PM GMT as the US ADP employment report was out.
The Cable’s daily average spread is slightly below the 1 pip mark and maximum separation has been 4.9 pips.
Pound/Dollar shot up yesterday by a total of 1.27% or 156 pips, but the pair has been relatively calm after reaching the high of 1 2433.
Spreads were elevated yesterday during the publication of the US ADP employment report, but 4.9 pips is the biggest gap you should have seen.
And last up is the Dollar/yen, which has both the mid and long term averages at point 38 pips. Maximum of 7.6 pips took place yesterday.
Long term high and low difference of 172 pips was recorded as the pair dropped by 1.47%.
News reports don’t match the time of the peak spread here – both of the sides were 7.6 pips apart for a single tick yesterday shortly after 2 PM GMT.
I’m Celeste Skinner and this was the main Spike Controller for Friday. We’ll be updating these stats on an hourly basis, so stay tuned.

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