Trading has resumed this week so stay with us to find out what the average and maximum spread levels have been for the 3 non-cross majors. Start of the week has been calm for the Euro/Dollar and it reflects in spread levels – long term average is point 33 pips and peak is point 8 pips. The pair has walked in a narrow range of only 28 pips and the biggest move was a decline of point 24%. Spreads have been as calm as the rate movement, peak of just point 8 pips took place yesterday minutes after 11 PM GMT. The Cable’s long term average and maximum spreads are point 84 and 1.8 pips respectively. Pound/Dollar has gained ground from the low of 1 3075, appreciating by point 6% or 78 pips. No major separations have been recorded here as well, 1.8 pips is the biggest separation you should have seen, while trading this instrument. And last up is the Dollar/Yen, which has a daily average of point 32 pips. Spreads peaked at point 6 pips during the past hour. Long term high and low difference is 40 pips and it was posted as the pair gained point 36%. Market holidays reflect in narrow spreads here as well – point 6 pips is the most you should have been charged. I’m Jack Everitt and you’ve been watching the Dukascopy Spike Controller for Monday.
Trading has resumed this week so stay with us to find out what the average and maximum spread levels have been for the 3 non-cross majors.
Start of the week has been calm for the Euro/Dollar and it reflects in spread levels – long term average is point 33 pips and peak is point 8 pips.
The pair has walked in a narrow range of only 28 pips and the biggest move was a decline of point 24%.
Spreads have been as calm as the rate movement, peak of just point 8 pips took place yesterday minutes after 11 PM GMT.
The Cable’s long term average and maximum spreads are point 84 and 1.8 pips respectively.
Pound/Dollar has gained ground from the low of 1 3075, appreciating by point 6% or 78 pips.
No major separations have been recorded here as well, 1.8 pips is the biggest separation you should have seen, while trading this instrument.
And last up is the Dollar/Yen, which has a daily average of point 32 pips. Spreads peaked at point 6 pips during the past hour.
Long term high and low difference is 40 pips and it was posted as the pair gained point 36%.
Market holidays reflect in narrow spreads here as well – point 6 pips is the most you should have been charged.
I’m Jack Everitt and you’ve been watching the Dukascopy Spike Controller for Monday.
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