It’s time for another edition of the Dukascopy Spike Controller, where we take a closer look at the spread levels for 3 non-cross majors. First up is the Euro/Dollar, which has all three average spreads above the point 3 pip mark. Daily max is 1.6 pips. The pair continued hovering above the 1 15 level, gaining point 54% or 62 pips, before retreating again. Spreads have been relatively calm, both of the sides separated by 1.6 pips yesterday at 12:43 PM. The Cable’s daily average is point 82 pips and both of the sides were 3.4 pips apart yesterday. Rate movement has been relatively calm, the biggest move is a decline of point 32% or 42 pips. Spreads were slightly bumpy yesterday at a half past noon GMT as the US housing starts and building permits stats were out, but 3.4 pips is the most you should have been charged. And last up is the Dollar/Yen, which has long term average and maximum spreads of point 35 and point 9 pips respectively. The pair broke through the 110 level as it gained point 49% or 54 pips. Past 24 hours have been calm in terms of spread levels as the max separation was just point 9 pips. I’m Jack Everitt and that concludes the Spike Controller for Wednesday.
It’s time for another edition of the Dukascopy Spike Controller, where we take a closer look at the spread levels for 3 non-cross majors.
First up is the Euro/Dollar, which has all three average spreads above the point 3 pip mark. Daily max is 1.6 pips.
The pair continued hovering above the 1 15 level, gaining point 54% or 62 pips, before retreating again.
Spreads have been relatively calm, both of the sides separated by 1.6 pips yesterday at 12:43 PM.
The Cable’s daily average is point 82 pips and both of the sides were 3.4 pips apart yesterday.
Rate movement has been relatively calm, the biggest move is a decline of point 32% or 42 pips.
Spreads were slightly bumpy yesterday at a half past noon GMT as the US housing starts and building permits stats were out, but 3.4 pips is the most you should have been charged.
And last up is the Dollar/Yen, which has long term average and maximum spreads of point 35 and point 9 pips respectively.
The pair broke through the 110 level as it gained point 49% or 54 pips.
Past 24 hours have been calm in terms of spread levels as the max separation was just point 9 pips.
I’m Jack Everitt and that concludes the Spike Controller for Wednesday.
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