Calm Spreads in Calm Markets
February 18, 2019 11:28 amVideo
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Euro/Dollar’s daily average spread is point 34 pips and maximum separation has been one pip.
Daily high and low difference is 36 pips and it was posted as the pair gained point 32 percent.
It is a market holiday in the US today and spreads have been relatively calm, not exceeding one pip.
Next up is the Cable, which has long term average and maximum spreads of point 92 and 2.7 pips respectively.
Rate movement has been relatively calm and the biggest move is a rise of point 28 percent or 36 pips.
Spreads were bumpy for a while yesterday at 11 PM GMT, but 2.7 pips is the most you should have been charged.
And last up is the Dollar/Yen, which has a daily average spread of point 45 pips. Maximum separation has been 1.1 pips.
The pair has been trending up, gaining point 15 percent or 17 pips in a gradual rise.
There have been no major separations and the peak of only 1.1 pips took place yesterday shortly after 11 PM GMT.
I’m Jack Everitt and these were the benchmark interbank price stats for Monday.
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