It’s time for Friday’s Main Spike Controller with a closer look at the average and peak spread levels over the last 24 hours. Euro/Dollar’s long term average spread is point 28 pips and maximum separation has been 1 and a half pips. The pair has once again moved North of the 1 14 level as it gained a total of point 62% or 70 pips. Spreads have been mostly calm and the peak of only 1.5 pips took place yesterday at a half past noon GMT during the US Data run. The Cable’s spreads have averaged at point 69 pips during the past 24 hours, peaking at 4.3 pips. Pound/Dollar has declined by point 52% or 68 pips as the pair moved towards the 1 29 level. Spreads were up to 4.3 pips yesterday at a half past noon GMT during the US data run and both of the sides were 3.3 pips apart today at 8:30 as the UK stats were out. And last up is the Dollar/Yen, which has long term average and maximum spreads of point 31 and 2.4 pips respectively. Last 24 hours have been Greenback bullish and the pair has gained a total of point 73% or 82 pips. US ADP employment report has had the most pressure on the spreads here, but 2.4 pips is the most you should have been charged. I’m Celeste Skinner and that’s the situation so far, but you may track the latest developments with the hourly updates.
It’s time for Friday’s Main Spike Controller with a closer look at the average and peak spread levels over the last 24 hours.
Euro/Dollar’s long term average spread is point 28 pips and maximum separation has been 1 and a half pips.
The pair has once again moved North of the 1 14 level as it gained a total of point 62% or 70 pips.
Spreads have been mostly calm and the peak of only 1.5 pips took place yesterday at a half past noon GMT during the US Data run.
The Cable’s spreads have averaged at point 69 pips during the past 24 hours, peaking at 4.3 pips.
Pound/Dollar has declined by point 52% or 68 pips as the pair moved towards the 1 29 level.
Spreads were up to 4.3 pips yesterday at a half past noon GMT during the US data run and both of the sides were 3.3 pips apart today at 8:30 as the UK stats were out.
And last up is the Dollar/Yen, which has long term average and maximum spreads of point 31 and 2.4 pips respectively.
Last 24 hours have been Greenback bullish and the pair has gained a total of point 73% or 82 pips.
US ADP employment report has had the most pressure on the spreads here, but 2.4 pips is the most you should have been charged.
I’m Celeste Skinner and that’s the situation so far, but you may track the latest developments with the hourly updates.
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