Calm 24 Hours for Spreads
December 18, 2018 1:14 pmVideo
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We are here to draw the line between the dodgy and the good brokers by providing traders with the benchmark interbank price data.
Euro/Dollar’s daily average spread is point 32 pips and maximum separation has been 1.2 pips.
The pair has gained point 49 percent or 55 pips to hit the daily high at 1 1382.
Spreads have stayed relatively calm for this pair, peaking at only 1.2 pips yesterday at 11 PM GMT.
The Cable’s daily average spread is slightly less than one pip and maximum separation has been 3.2 pips.
Pound/Dollar has appreciated by a total of point 56 percent or 71 pips to post the daily high of 1 2663.
Spreads were slightly bumpy yesterday shortly after 11 PM GMT, 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 29 and point 9 pips respectively.
Greenback took a slide against the Yen, dropping by nearly one percent or more than 100 pips.
No major separations have been posted here for this pair, max of just point 9 pips was recorded yesterday shortly after 11 PM GMT.
I’m Kiays Khalil and these were the benchmark interbank spread stats for 10 AM.
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