Hello, I’m Jessica Walker and this is the main Spike Controller providing you with the benchmark interbank price data for Wednesday. Euro/Dollar’s spreads have averaged at point 27 pips during the last 24 hours and maximum separation has been 2.3 pips. This pair has moved sharply down during the last 4 hours, declining by point 78% or 83 pips. Spreads were slightly elevated yesterday at 1:30 PM GMT as the US GDP data was released, but you shouldn’t have seen a gap bigger than 2.3 pips. The Cable’s long term average and maximum spreads are point 86 and 4.7 pips respectively. Pound/Dollar dropped by point 53% or 80 pips yesterday, but it rose from the low of 1 5053. US Consumer confidence release has had the most influence on the spreads for this pair, but make sure you haven’t been charged more than 4.7 pips. And last up is the Dollar/Yen, which has a daily average spread of point 3 pips. Biggest separation has been 4.8 pips. Rate was moving lower for close to 24 hours by a total of point 33% or 40 pips, but it rose sharply to recover most of the loss. Spreads were sent up by the US consumer confidence report, but 4.8 pips is the line that shouldn’t have been crossed. That’s it for Wednesday’s primary Spike Controller, but these stats will be updated on an hourly basis, so do stay tuned.
Hello, I’m Jessica Walker and this is the main Spike Controller providing you with the benchmark interbank price data for Wednesday.
Euro/Dollar’s spreads have averaged at point 27 pips during the last 24 hours and maximum separation has been 2.3 pips.
This pair has moved sharply down during the last 4 hours, declining by point 78% or 83 pips.
Spreads were slightly elevated yesterday at 1:30 PM GMT as the US GDP data was released, but you shouldn’t have seen a gap bigger than 2.3 pips.
The Cable’s long term average and maximum spreads are point 86 and 4.7 pips respectively.
Pound/Dollar dropped by point 53% or 80 pips yesterday, but it rose from the low of 1 5053.
US Consumer confidence release has had the most influence on the spreads for this pair, but make sure you haven’t been charged more than 4.7 pips.
And last up is the Dollar/Yen, which has a daily average spread of point 3 pips. Biggest separation has been 4.8 pips.
Rate was moving lower for close to 24 hours by a total of point 33% or 40 pips, but it rose sharply to recover most of the loss.
Spreads were sent up by the US consumer confidence report, but 4.8 pips is the line that shouldn’t have been crossed.
That’s it for Wednesday’s primary Spike Controller, but these stats will be updated on an hourly basis, so do stay tuned.
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