Let’s take a closer look at Tuesday’s average and peak price levels for three non-cross majors. Euro/Dollar’s long term average spread is point 29 pips and both of the sides were 1.2 pips apart yesterday. Daily high and low difference of 91 pips was posted as the pair gained point 78%, but it has since given up most of the ground. Spreads were slightly increased yesterday at 12:38 PM as the pair advanced, but the maximum separation has been just 1.2 pips. Point 68 pips is the long term average spread for the Cable. Maximum separation of 2 pips took place less than an hour ago. Pound/Dollar has moved further away from the 1 30 level as the pair declined by point 71% or 92 pips. Spreads were above their usual level today at 9:42 as the pair hit the daily low, but 2 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 32 and point 9 pips respectively. The pair has been on a rise from the low of 108 64 and it has gained point 76% or 83 pips. Spreads have been mostly calm and the biggest separation of only point 9 pips was recorded only minutes after midnight. I’m Celeste Skinner and you’ve been watching the Dukascopy Spike Controller for Tuesday.
Let’s take a closer look at Tuesday’s average and peak price levels for three non-cross majors.
Euro/Dollar’s long term average spread is point 29 pips and both of the sides were 1.2 pips apart yesterday.
Daily high and low difference of 91 pips was posted as the pair gained point 78%, but it has since given up most of the ground.
Spreads were slightly increased yesterday at 12:38 PM as the pair advanced, but the maximum separation has been just 1.2 pips.
Point 68 pips is the long term average spread for the Cable. Maximum separation of 2 pips took place less than an hour ago.
Pound/Dollar has moved further away from the 1 30 level as the pair declined by point 71% or 92 pips.
Spreads were above their usual level today at 9:42 as the pair hit the daily low, but 2 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 32 and point 9 pips respectively.
The pair has been on a rise from the low of 108 64 and it has gained point 76% or 83 pips.
Spreads have been mostly calm and the biggest separation of only point 9 pips was recorded only minutes after midnight.
I’m Celeste Skinner and you’ve been watching the Dukascopy Spike Controller for Tuesday.
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