Let’s find out if there have been any significant spread increases so far this week.
Euro/Dollar’s daily average spread is point 34 pips. Peak separation of 1.1 pips was posted during the past 4 hours.
The pair appreciated by a total of point 42% or 50 pips, but it has given up most of the gains after the daily high was reached.
Spreads have stayed relatively calm, peaking at only 1.1 pips today at 8:23 in the morning as the pair declined.
Next up is the Cable, which has a daily average spread of point 88 pips. Both of the sides separated by 3.3 pips less than 4 hours ago.
Pound/Dollar has plummeted by a total of point 6% or 81 pips from the high of 1 3442.
The rate dropped today at 8:30 in the morning during the UK data run and that’s the time of the peak daily spread, but 3.3 pips is biggest gap you should have seen.
And last up is the Dollar/Yen, which has long term average and maximum spreads of point 46 and 1.2 pips respectively.
The pair has surged above the 110 level as it gained point 73% or 80 pips.
No major separations have been recorded here, the max of 1.2 pips took place minutes after midnight.
I’m Jack Everitt and that’s all for Monday’s Spike Controller. Bye for now.

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