FOMC Meeting Minutes Bump Spreads
August 23, 2018 11:13 amVideo
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The Dukascopy TV team is here with the Spike Controller for Thursday, the 23rd of August.
Euro/Dollar’s long term average and maximum spreads are point 33 and 1.5 pips respectively.
The pair has moved South by a total of point 7% or 81 pips to move south of the 1 16 level.
Spreads were slightly up yesterday at 6 PM as the US FOMC Meeting Minutes were out, but the maximum separation was just 1.5 pips.
The Cable’s daily average spread is point 8 pips and maximum separation has been 2 and a half pips.
Pound/Dollar has been on a slide from the high of 1 2937 and it has given up point 67% or 87 pips.
Spreads were slightly bumpy yesterday at 6 PM GMT here as well, but 2.5 pips is the biggest gap you should have seen.
Dollar/Yen’s daily average spread is point 33 pips and both of the sides were 1.9 pips apart yesterday.
The pair has had a bullish run, gaining a total of point 66% or 73 pips.
US FOMC Meeting Minutes sent the spreads slightly up yesterday at 6 PM, but 1.9 pips is the line that shouldn’t have been crossed.
You’ve been watching the Spike Controller for Thursday with me, Kiays Khalil.
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