Let’s see if economic news releases have had any major influence on the spreads during the past 24 hours. Mid and long term averages are both at point 35 pips for the Euro/Dollar. Maximum separation has been 1.3 pips. Yesterday’s decline has been followed by a sharp rise, taking the rate North by point 79% or 85 pips. Despite the volatile rate movement, spreads have been generally calm, peaking at only 1.3 pips yesterday at 5:41 PM GMT. The Cable’s long term average spread is point 76 pips and both of the sides were 10.3 pips apart less than an hour ago. Pound/Dollar has gained more than 1% or 128 pips to reach the high of 1 2463. It was busy with UK data releases today at 9:30 in the morning and that’s the time of the peak daily spread. Both of the sides separated as the rate moved higher, but 10.3 pips is the most you should have been charged. And last up is the Dollar/Yen, which has long term average spread of point 27 pips. Maximum separation has been a single pip. The pair declined by a total of point 56% or 63 pips, but most of the loss was recovered after the low of 112 27 was reached. Spreads have been generally calm and the max of just 1 pip took place today at 7:29 in the morning. I’m Jessica Walker and that’s it for Tuesday’s main Spike Controller, but we’ll be updating these stats on an hourly basis, so click back.
Let’s see if economic news releases have had any major influence on the spreads during the past 24 hours.
Mid and long term averages are both at point 35 pips for the Euro/Dollar. Maximum separation has been 1.3 pips.
Yesterday’s decline has been followed by a sharp rise, taking the rate North by point 79% or 85 pips.
Despite the volatile rate movement, spreads have been generally calm, peaking at only 1.3 pips yesterday at 5:41 PM GMT.
The Cable’s long term average spread is point 76 pips and both of the sides were 10.3 pips apart less than an hour ago.
Pound/Dollar has gained more than 1% or 128 pips to reach the high of 1 2463.
It was busy with UK data releases today at 9:30 in the morning and that’s the time of the peak daily spread.
Both of the sides separated as the rate moved higher, but 10.3 pips is the most you should have been charged.
And last up is the Dollar/Yen, which has long term average spread of point 27 pips. Maximum separation has been a single pip.
The pair declined by a total of point 56% or 63 pips, but most of the loss was recovered after the low of 112 27 was reached.
Spreads have been generally calm and the max of just 1 pip took place today at 7:29 in the morning.
I’m Jessica Walker and that’s it for Tuesday’s main Spike Controller, but we’ll be updating these stats on an hourly basis, so click back.
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