You’re watching the Main Spike Controller for Thursday. Here’s a closer look at the benchmark interbank price data.
Point 36 pips is the average long-term spread for Euro/Dollar. The daily peak of point 9 pips was reached within the last 4 hours.
The pair has been trending higher, gaining a total of point 73% or 78 pips.
Trading has been calm, and the daily max of point 9 pips was posted after 6:53 this morning.
Next up is the Cable with the average and peak spreads of point 71 and 2.2 pips, respectively.
This pair went down yesterday, losing point 7% or 90 pips, but the subsequent movement has been more bullish.
Spreads were at their highest after 1:55 yesterday afternoon, but 2.2 pips is the most you should’ve seen.
And Dollar/Yen’s long-term average reaches point 29 pips. Spreads peaked at point 8 pips within the last 4 hours.
The pair has been moving in waves, but the single biggest move was a drop of point 45% or 49 pips.
The daily max was reached at 7:20 this morning, but it did not exceed just point 8 pips.
I’m Jessica Walker and that’s how things look so far. Stay tuned for the hourly updates.

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