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Euro/Dollar’s long term average spread is point 31 pips and the daily max is 2.9 pips. The pair has gained point 70% or 82 pips to reach the high of 1 1771. Spreads were at their highest at 1.14 PM GMT but 2.9 pips is the line that shouldn’t have been crossed.
The Cable has a daily average spread of point 72 pips and a max of 2.7 pips, which occurred in the last 4 hours. After the daily high was reached the pair lost point 5% or 65 pips, reaching a low of 1 2951. The maximum spread was reached just before 8.30AM this morning when UK Industrial Production and Trade Balance data was released. Nevertheless, 2.7 pips is the most you should have been charged.
And last for this overview is dollar/yen which has a daily average and maximum spread of point 32 pips and 1.2 pips respectively. The movement has been generally bullish, the high and low difference is point 57% or 62 pips. Spreads peaked shortly before 4 PM yesterday, but 1.2 is the biggest gap you should have seen.
So that’s how things are looking so far, but these stats are always changing so be sure to stay tuned for our hourly updates.

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