You’re watching the Main Spike Controller for Monday. Here’s a closer look at the benchmark interbank price data.
Euro/Dollar’s long-term average stands at point 33 pips, maxing out at 1.2 pips.
The pair has been moving in waves, but the biggest move was a gain of point 41% or 45 pips.
Trading has been calm, and spreads peaked at 1.2 pips after 2:27 AM.
Next up is the Cable with the average and peak spreads of 1.53 and 2.6 pips, respectively.
Pound/Dollar has seen a bumpy rise, moving up by point 43% or 56 pips.
The daily peak was reached 55 minutes past midnight, but it did not exceed just 2.6 pips.
And Dollar/Yen’s long-term average spread reaches half a pip, whereas the daily max stands at 1.4 pips.
This pair’s initial rise was followed by a drop of point 67% or 72 pips, but it has since rebounded from its lowest point at 106 01.
Spreads peaked shortly after midnight, but you should question anything much higher than 1.4 pips.
I’m Sam Meredith and you’ve been watching the Primary Spike Controller for Monday. Check back in for the hourly updates.

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