We’re halfway through the trading week and you’re watching the Dukascopy Spike Controller. Euro/Dollar’s mid and long term average spreads both are equal at point 31 pips. Peak separation has been 1.2 pips. The pair declined yesterday by point 63% or 77 pips, but it has since somewhat recovered from the low of 1 2240. Spreads were slightly bumpy yesterday at 12:20 PM GMT, but 1.2 pips is the biggest gap you should have seen. Pound/Dollar’s daily average spread is point 87 pips and both of the sides were 8.1 pips apart during the past hour. The Cable has been on a rise, gaining point 67% or 93 pips as it rose above the 1 40 level. A couple of publications regarding the UK economy were out today at 9:30 AM and that’s the time of the peak spread, but 8.1 pips is the line that shouldn’t have been crossed. And last up is the Dollar/Yen, which has long term average and maximum spreads of point 36 and point 7 pips respectively. Daily high and low difference is 37 pips and it was posted as the pair declined by point 35%. Past 24 hours have been calm in terms of spread levels, they haven’t exceeded point 7 pips. I’m Kiays Khalil, and that’s all for Wednesday’s edition of the Spike Controller.
We’re halfway through the trading week and you’re watching the Dukascopy Spike Controller.
Euro/Dollar’s mid and long term average spreads both are equal at point 31 pips. Peak separation has been 1.2 pips.
The pair declined yesterday by point 63% or 77 pips, but it has since somewhat recovered from the low of 1 2240.
Spreads were slightly bumpy yesterday at 12:20 PM GMT, but 1.2 pips is the biggest gap you should have seen.
Pound/Dollar’s daily average spread is point 87 pips and both of the sides were 8.1 pips apart during the past hour.
The Cable has been on a rise, gaining point 67% or 93 pips as it rose above the 1 40 level.
A couple of publications regarding the UK economy were out today at 9:30 AM and that’s the time of the peak spread, but 8.1 pips is the line that shouldn’t have been crossed.
And last up is the Dollar/Yen, which has long term average and maximum spreads of point 36 and point 7 pips respectively.
Daily high and low difference is 37 pips and it was posted as the pair declined by point 35%.
Past 24 hours have been calm in terms of spread levels, they haven’t exceeded point 7 pips.
I’m Kiays Khalil, and that’s all for Wednesday’s edition of the Spike Controller.
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