Calm Spread Monday
January 28, 2019 10:57 amVideo
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The Dukascopy TV team is here with this week’s first Spike Controller, the program that helps you get the best deals from your broker.
Euro/Dollar’s long term average spread is point 39 pips and maximum separation has been 1.1 pips.
Trend has shifted for this pair and the biggest move is a decline of point 32 percent or 36 pips.
Spreads were above their usual level for a number of ticks yesterday at 11 PM GMT, but the maximum separation was only 1.1 pips.
Next up is the Cable, which has a daily average of slightly more than one pip. Peak separation has been 2.4 pips.
Start of the week is Sterling bearish and the pair is down by a total of point 46 percent or 61 pips.
Spreads were slightly bumpy yesterday at 11 PM GMT, but 2.4 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 35 and 1.4 pips respectively.
The pair declined by point 3 percent or 33 pips early in the session and it has been trading sideways afterwards.
Spreads have been mostly narrow, peaking at only 1.4 pips yesterday at 11 PM GMT.
You’ve been watching the Spike Controller for Monday with me, Kiays Khalil.
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