Make sure you haven’t been overcharged and keep your broker in check with the Main Spike Controller. Euro/Dollar’s long-term average spread reaches point 29 pips, whereas the daily max of point 7 pips was reached within the last 4 hours. Yesterday was quite bearish for this pair as it went down by point 7% or 83 pips, but it has rebounded from its lowest point at 1 1721. Spreads were at their highest after 7:22, but they did not exceed point 7 pips. The Cable’s spreads have averaged at point 7 pips during the last 24 hours, peaking at 4.3 pips within the last 4 hours. Pound/Dollar started moving lower yesterday afternoon, and so far, it has lost a total of point 71% or 92 pips. Several news releases, including the UK inflation data, were out at half past 8 this morning. Spreads peaked just as the data came out, but you should question anything much higher than 4.3 pips. And Dollar/Yen’s average and max long-term spreads stand at point 33 and 1.1 pips, respectively. The rate movement has been bullish, as the pair is up by almost 1% or 105 pips from its daily low at 109 43, but the trading has been quite calm. The daily max of 1.1 pips was reached after 5:48 yesterday. I’m Jessica Walker and this was the Primary Spike Controller for Tuesday. The latest data will be available throughout the day.
Make sure you haven’t been overcharged and keep your broker in check with the Main Spike Controller.
Euro/Dollar’s long-term average spread reaches point 29 pips, whereas the daily max of point 7 pips was reached within the last 4 hours.
Yesterday was quite bearish for this pair as it went down by point 7% or 83 pips, but it has rebounded from its lowest point at 1 1721.
Spreads were at their highest after 7:22, but they did not exceed point 7 pips.
The Cable’s spreads have averaged at point 7 pips during the last 24 hours, peaking at 4.3 pips within the last 4 hours.
Pound/Dollar started moving lower yesterday afternoon, and so far, it has lost a total of point 71% or 92 pips.
Several news releases, including the UK inflation data, were out at half past 8 this morning.
Spreads peaked just as the data came out, but you should question anything much higher than 4.3 pips.
And Dollar/Yen’s average and max long-term spreads stand at point 33 and 1.1 pips, respectively.
The rate movement has been bullish, as the pair is up by almost 1% or 105 pips from its daily low at 109 43, but the trading has been quite calm. The daily max of 1.1 pips was reached after 5:48 yesterday.
I’m Jessica Walker and this was the Primary Spike Controller for Tuesday. The latest data will be available throughout the day.
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