The trading week is coming to an end, but don’t let your guard down and keep checking your broker’s price feed with the Main Dukascopy Spike Controller. First up is the Euro/Dollar, which has a daily average spread of point 37 pips. Maximum separation has been 3 pips. Past 24 hours have been bearish for the Single currency, pair has given up a total of point 83% or 93 pips as it fell below the 1 12 level. The ECB monetary policy statement sent the spreads slightly up yesterday at 11:45 AM, but 3 pips is the line that shouldn’t have been crossed. The Cable has had a bumpy ride and this puts the long term average slightly above the 1 pip level. Peak spread has been 3 pips. Pound/Dollar has plummeted by a total of 2.55% or 330 pips on UK elections, moving far below the 1 30 level. Despite the volatile rate movement, spreads have been generally narrow and max of 3 pips took place yesterday at 11 PM GMT. And the final pair for this report is the Dollar/Yen, which has long term average and maximum spreads of point 37 and 1.3 pips respectively. Greenback has gained ground against the Yen, rising above the 110 level as it gained a total of point 68% or 75 pips. No major spreads have been recorded over the past 24 hours, biggest separation has been just 1.3 pips. I’m Kiays Khalil and you’ve been watching the Main Spike Controller for Friday. Stay tuned throughout the day for the hourly updates of these stats.
The trading week is coming to an end, but don’t let your guard down and keep checking your broker’s price feed with the Main Dukascopy Spike Controller.
First up is the Euro/Dollar, which has a daily average spread of point 37 pips. Maximum separation has been 3 pips.
Past 24 hours have been bearish for the Single currency, pair has given up a total of point 83% or 93 pips as it fell below the 1 12 level.
The ECB monetary policy statement sent the spreads slightly up yesterday at 11:45 AM, but 3 pips is the line that shouldn’t have been crossed.
The Cable has had a bumpy ride and this puts the long term average slightly above the 1 pip level. Peak spread has been 3 pips.
Pound/Dollar has plummeted by a total of 2.55% or 330 pips on UK elections, moving far below the 1 30 level.
Despite the volatile rate movement, spreads have been generally narrow and max of 3 pips took place yesterday at 11 PM GMT.
And the final pair for this report is the Dollar/Yen, which has long term average and maximum spreads of point 37 and 1.3 pips respectively.
Greenback has gained ground against the Yen, rising above the 110 level as it gained a total of point 68% or 75 pips.
No major spreads have been recorded over the past 24 hours, biggest separation has been just 1.3 pips.
I’m Kiays Khalil and you’ve been watching the Main Spike Controller for Friday. Stay tuned throughout the day for the hourly updates of these stats.
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