It’s Tuesday and you’re watching the primary Spike Controller providing you with the benchmark interbank price data for the 3 non-cross majors. Euro/Dollar’s spreads have averaged at point 23 pips during the last 24 hours, peaking at 3.4 pips. The pair rose sharply yesterday, gaining 1.57% or 167 pips to reach the high of 1 0797. Spreads were at their highest point shortly before the daily high was reached, but you shouldn’t have seen a gap bigger than 3.4 pips. The Cable’s daily average spread is point 94 pips and maximum separation has been 3.8 pips. Pound/Dollar has been trending higher, gaining a total of point 61% or 78 pips. US Non-Manufacturing PMI was out yesterday at 3 PM GMT and that’s the time of the peak daily spread, but 3.8 pips is the line that shouldn’t have been crossed. Last up is the Dollar/Yen, which has long term average and maximum spreads of point 36 and 1.7 pips respectively. The pair dropped yesterday by 1.41% or 162 pips, but some of the loss was recovered in a following rise. US Non-Manufacturing PMI release sent the spreads higher here as well, but the max separation has been only 1.7 pips. I’m Kiays Khalil and that’s it for now. We’ll be updating these stats on an hourly basis, so stay tuned.
It’s Tuesday and you’re watching the primary Spike Controller providing you with the benchmark interbank price data for the 3 non-cross majors.
Euro/Dollar’s spreads have averaged at point 23 pips during the last 24 hours, peaking at 3.4 pips.
The pair rose sharply yesterday, gaining 1.57% or 167 pips to reach the high of 1 0797.
Spreads were at their highest point shortly before the daily high was reached, but you shouldn’t have seen a gap bigger than 3.4 pips.
The Cable’s daily average spread is point 94 pips and maximum separation has been 3.8 pips.
Pound/Dollar has been trending higher, gaining a total of point 61% or 78 pips.
US Non-Manufacturing PMI was out yesterday at 3 PM GMT and that’s the time of the peak daily spread, but 3.8 pips is the line that shouldn’t have been crossed.
Last up is the Dollar/Yen, which has long term average and maximum spreads of point 36 and 1.7 pips respectively.
The pair dropped yesterday by 1.41% or 162 pips, but some of the loss was recovered in a following rise.
US Non-Manufacturing PMI release sent the spreads higher here as well, but the max separation has been only 1.7 pips.
I’m Kiays Khalil and that’s it for now. We’ll be updating these stats on an hourly basis, so stay tuned.
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