It’s the day of the Fed statement, and it’s a very good idea to make sure your broker is not overcharging you. Euro/Dollar’s long-term average spread stands at point 28 pips, peaking at 1.9 pips. The pair went down yesterday, losing point 59% or 69 pips, but it’s since rebounded from its lowest point at 1 1717. Trading has been calm ahead of the Fed statement, and spreads peaked at 1.9 pips after 11:55 AM yesterday. Next up is the Pound/Dollar with the average and peak spreads of point 81 and 3.4 pips, respectively. The pair has seen its ups and downs, but the biggest move was a decline of point 51% or 68 pips. Spreads were at their highest at 11 PM yesterday, but 3.4 pips is the most you should have seen. And Dollar/Yen’s spreads have averaged at a third of a pip over the last 24 hours, maxing out at 1.3 pips. The pair started moving lower yesterday afternoon, losing a total of point 55% or 63 pips from its highest point at 113 75. US Producer Price Index was out at half past 1 yesterday afternoon, and spreads peaked at 1.3 pips just ahead of the release. I’m ____ and this was the Primary Spike Controller for Wednesday. Things could get quite volatile later in the day, so check back for the latest updates.
It’s the day of the Fed statement, and it’s a very good idea to make sure your broker is not overcharging you.
Euro/Dollar’s long-term average spread stands at point 28 pips, peaking at 1.9 pips.
The pair went down yesterday, losing point 59% or 69 pips, but it’s since rebounded from its lowest point at 1 1717.
Trading has been calm ahead of the Fed statement, and spreads peaked at 1.9 pips after 11:55 AM yesterday.
Next up is the Pound/Dollar with the average and peak spreads of point 81 and 3.4 pips, respectively.
The pair has seen its ups and downs, but the biggest move was a decline of point 51% or 68 pips.
Spreads were at their highest at 11 PM yesterday, but 3.4 pips is the most you should have seen.
And Dollar/Yen’s spreads have averaged at a third of a pip over the last 24 hours, maxing out at 1.3 pips.
The pair started moving lower yesterday afternoon, losing a total of point 55% or 63 pips from its highest point at 113 75.
US Producer Price Index was out at half past 1 yesterday afternoon, and spreads peaked at 1.3 pips just ahead of the release.
I’m ____ and this was the Primary Spike Controller for Wednesday. Things could get quite volatile later in the day, so check back for the latest updates.
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