Calm Spreads So Far This Week
September 17, 2018 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 spreads have averaged at point 4 pips so far this week, peaking at point 9 pips during the past hour.
The pair rose by a total of point 37% or 43 pips to hit the daily high of 1 1661.
Spreads were slightly bumpy today at 9 o’clock as the Final Euro Zone CPI was out, but the max separation was only point 9 pips.
Next up is the Cable, which has long term average and maximum spreads of point 84 and 1.5 pips respectively.
The pair pushed above the 1 31 level briefly as it gained point 28% or 37 pips.
Spreads have been mostly calm for this pair and the max separation of 1.5 pips has occurred for a total of 6 times so far this week.
And last up is the Dollar/Yen, which has long term average spread of point 26 pips. Peak separation has been point 7 pips.
The pair moved South of the 112 level as it declined by a total of point 24% or 27 pips.
Spreads have been relatively narrow here for this pair and point 7 pips is the biggest gap you should have seen.
You’ve been watching the Spike Controller for Monday with me, Jack Everitt.
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