Calm Start of the Week for Spreads
September 24, 2018 10:51 amVideo
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This is the Dukascopy Spike Controller for Monday with a look at the average and peak spread levels for the 3 non-cross majors.
Euro/Dollar’s spreads have averaged at point 45 pips so far this week, peaking at 1.3 pips during the past 4 hours.
The pair moved towards the 1 18 level as it gained point 43% or 50 pips.
German IFO Business Climate release bumped the spreads today at 8 o’clock, but 1.3 pips is the most you should have been charged.
The Cable’s daily average spread is point 83 pips and both of the sides were 1.9 pips apart during the past 4 hours.
Pound/Dollar jumped above the 1 31 level as it gained point 51% or 66 pips.
Spreads were slightly bumpy today at 8 o’clock here as well, but anything far above the max of 1.9 pips shouldn’t be tolerated.
And last up is the Dollar/Yen, which has a daily average spread of point 29 pips. Peak separation has been a half a pip.
Greenback rose against the Yen, gaining point 28% or 32 pips to rise further above the 112 level.
Spreads have been calm so far this week and the max separation was only a half a pip.
I’m Jack Everitt and that’s how things look at 10 AM GMT.
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