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Euro/Dollar has averages close to the point 3 pip mark in all three time scales and maximum separation of 1.2 pips took place less than 4 hours ago.
The most traded pair continues the battle around the 1 17 grounds and the biggest move was a drop of point 61% or 71 pips.
Spreads haven’t been as volatile as the rate movement – max of just 1.2 pips took place today at 7 AM as Spanish CPI and GDP were out.
The Cable’s daily average spread is point 69 pips and peak separation has been 3 and a half pips.
Pound/Dollar plummeted yesterday by a total of point 82% or 108 pips as it moved towards the 1 30 level.
Spreads were volatile for a number of ticks yesterday at a half past noon GMT during the US data run, but 3.5 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 36 and 1.7 pips respectively.
Daily high and low difference is 84 pips and it was posted as the pair dropped by point 75%.
Spreads were slightly elevated yesterday at a half past noon GMT here as well, but the biggest gap has been just 1.7 pips.
I’m Jessica Walker and these were the benchmark interbank price stats for Friday.

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