Last day been bearish for the Greenback, so let’s see if this has pushed the spreads higher for the three non-cross majors. Euro/Dollar’s long term average spread is point 33 pips. Peak separation of 1.3 pips was posted during the past 4 hours. Euro has surged against the Buck by more than 1% or 131 pips to hit the daily high at 1 2460. Despite the volatile rate movement, spreads have stayed calm, not exceeding 1.3 pips. The Cable’s daily average is point 82 pips and both of the sides separated 3.2 pips apart less than 4 hours ago. Pound/Dollar has been on a sharp rise and the pair has shot up by a massive 1.73% or 244 pips, building further gains above the 1 40 level. Spreads were slightly bumpy today at 6:54 after the daily high was reached, but 3.2 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 34 and 1.4 pips respectively. Daily high and low difference is 94 pips and it was posted as the pair declined by point 86%. No significant separations have been recorded here and the peak of just 1.4 pips took place yesterday minutes after 1 PM GMT. I’m Jessica Walker and that’s all for Thursday’s Spike Controller. Goodbye for now.
Last day been bearish for the Greenback, so let’s see if this has pushed the spreads higher for the three non-cross majors.
Euro/Dollar’s long term average spread is point 33 pips. Peak separation of 1.3 pips was posted during the past 4 hours.
Euro has surged against the Buck by more than 1% or 131 pips to hit the daily high at 1 2460.
Despite the volatile rate movement, spreads have stayed calm, not exceeding 1.3 pips.
The Cable’s daily average is point 82 pips and both of the sides separated 3.2 pips apart less than 4 hours ago.
Pound/Dollar has been on a sharp rise and the pair has shot up by a massive 1.73% or 244 pips, building further gains above the 1 40 level.
Spreads were slightly bumpy today at 6:54 after the daily high was reached, but 3.2 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 34 and 1.4 pips respectively.
Daily high and low difference is 94 pips and it was posted as the pair declined by point 86%.
No significant separations have been recorded here and the peak of just 1.4 pips took place yesterday minutes after 1 PM GMT.
I’m Jessica Walker and that’s all for Thursday’s Spike Controller. Goodbye for now.
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