EUR/USD Spreads Peaked at 1.6 Pips
January 21, 2019 10:46 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 average daily spread is point 41 pips. The peak separation of 1.6 pips was posted during the past 4 hours.
The rate movement has been relatively clam so far this week. The pair gained point 28 percent or 32 pips, before a decline wiped out most of the gain.
Spreads were slightly bumpy today shortly before the daily high was reached, but 1.6 pips is the most you should have been charged.
Next up is the Cable, which has long term average and maximum spreads of 1.15 and 9.3 pips respectively.
Pound/Dollar moved South in a couple of waves, declining by point 45 percent or 58 pips.
Spreads were elevated for a number of ticks yesterday at 11 PM GMT, but 9.3 pips is the biggest separation you should have seen.
And last up is the Dollar/Yen, which has a daily average spread of point 68 pips. Both of the sides were 1.6 pips apart yesterday.
The daily high and low difference is 31 pips and it was posted as the pair slipped by point 28 percent.
Spreads were slightly elevated yesterday at 11 PM GMT, but 1.6 pips is the most you should have been charged.
I’m Jack Everitt and that’s how things look at 10 AM GMT.
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