We are here to draw the line between the dodgy and the good brokers by providing traders with the benchmark interbank price data. Euro/Dollar’s long term average spread is point 33 pips and maximum separation has been one and a half pips. The pair has been trending South during the past 24 hours, declining by a total of point 38 percent or 44 pips. News reports do not match the time of the peak daily spread. Both of the sides separated by 1.5 pips yesterday shortly after 11 PM GMT. Moving on to the Cable, long term average spread is slightly less than one pip. Peak of 5 pips took place yesterday and both of the sides were 3.5 pips apart during the past hour. Pound/Dollar rose sharply yesterday, but the pair has since declined by point 7 percent or 92 pips. Spreads peaked at 5 pips yesterday at 11 PM GMT and they were up to 3.5 pips today at 9:30 during the publication of the UK Services PMI. And last up is the Dollar/Yen, which has long term average and maximum spreads of point 59 and 2.1 pips respectively. Daily high and low difference is 38 pips and it was recorded as the pair declined by point 34 pips. Spreads were slightly bumpy yesterday at 11 PM GMT, but anything far above the max of 2.1 pips should not be tolerated. I’m Kiays Khalil and these were the benchmark interbank spread stats for 10 AM.
We are here to draw the line between the dodgy and the good brokers by providing traders with the benchmark interbank price data.
Euro/Dollar’s long term average spread is point 33 pips and maximum separation has been one and a half pips.
The pair has been trending South during the past 24 hours, declining by a total of point 38 percent or 44 pips.
News reports do not match the time of the peak daily spread. Both of the sides separated by 1.5 pips yesterday shortly after 11 PM GMT.
Moving on to the Cable, long term average spread is slightly less than one pip. Peak of 5 pips took place yesterday and both of the sides were 3.5 pips apart during the past hour.
Pound/Dollar rose sharply yesterday, but the pair has since declined by point 7 percent or 92 pips.
Spreads peaked at 5 pips yesterday at 11 PM GMT and they were up to 3.5 pips today at 9:30 during the publication of the UK Services PMI.
And last up is the Dollar/Yen, which has long term average and maximum spreads of point 59 and 2.1 pips respectively.
Daily high and low difference is 38 pips and it was recorded as the pair declined by point 34 pips.
Spreads were slightly bumpy yesterday at 11 PM GMT, but anything far above the max of 2.1 pips should not be tolerated.
I’m Kiays Khalil and these were the benchmark interbank spread stats for 10 AM.
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