This is the Main Spike Controller for Tuesday, and here’s a closer look at the benchmark interbank price stats.
Euro/Dollar’s average and peak long-term spreads stand at point 3 and point 8 pips, respectively.
This pair started moving lower yesterday afternoon, losing a total of point 67% or 80 pips from its daily high at 1 1890.
Spreads were at their highest after 7:13 yesterday evening, but they did not exceed just point 8 pips.
Next up is the Cable with the average long-term spread of point 82 pips; the daily max reaches 1.7 pips.
Pound/Dollar dropped by point 74% or a 100 pips yesterday afternoon, but it has since rebouded from its lowest point at 1 3431.
Trading has been calm, and the daily peak of 1.7 pips was posted at 11 o’clock yesterday evening.
And Dollar/Yen’s spreads have averaged at point 34 pips over the last 24 hours, peaking at 1.4 pips.
The pair also went down yesterday, losing point 76% or 85 pips and hitting its daily low at 111 48, but it has seen limited movement since.
Once again, spreads remained low, and the daily max of just 1.4 pips was recorded at 3 PM yesterday.
I’m Celeste Skinner and this was the Primary Spike Controller. Stay with us for the latest updates.

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