Trading has resumed on this Monday and you’re watching the main Spike Controller providing you with the benchmark interbank price data.
First up is the Euro/Dollar, which has a daily average spread of point 4 pips. Maximum separation has been point 8 pips.
Euro has moved South against the Dollar, dropping below the 1 10 level as the pair lost a total of point 8% or 88 pips.
Despite the volatile rate movement, spreads have been generally calm, not exceeding point 8 pips.
The Cable’s long term average spread is point 84 pips and peak separation has been 1 and a half pips.
Rate movement has been relatively calm, biggest move is a decline of point 32% or 41 pips.
Spreads have been mostly narrow, peaking at only 1.5 pips today at 12:14 in the morning.
And last up is the Dollar/Yen, which has long term average and maximum spreads of point 36 and point 8 pips respectively.
Greenback took a slide against the Yen, declining by point 5% or 56 pips from the high, which stood a couple of pips above the 113 level.
No major separations have been recorded so far this week and anything far above the max of point 8 pips should be questioned.
I’m Jessica Walker and this was the primary Spike Controller for Monday. We`ll be updating these stats every hour, so do stay tuned.

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