Let’s find out if spreads have been shaken up during the past 24 hours.
Euro/Dollar’s spreads have averaged slightly above the point 3 pip mark in all three time scales. Peak separation has been 1.6 pips.
The pair has been trending higher, gaining a half a percent or 57 pips to rise further above the 1.14 level.
Spreads peaked at 1.6 pips yesterday at 11 PM GMT and both of the sides separated by point 6 pips during the past hour.
Moving on to the Cable, long term average spread is slightly less than one pip. Maximum separation has been 8.8 pips.
Pound/Dollar dropped yesterday by a total of point 58 percent or 74 pips, before rising from the low of 1 2707.
Spreads were bumpy for a while yesterday at 11 PM GMT, but 8.8 pips is the biggest gap you should have seen.
And last up is the Dollar/Yen, which has long term average and maximum spreads of point 42 and 2.1 pips respectively.
Greenback rose against the Yen by a total of point 52 percent or 56 pips to hit the daily high of 109.
Spreads have been mostly narrow, peaking at 2.1 pips yesterday shortly after 11 PM GMT.
I’m Jack Everitt and that’s all for Wednesday’s Spike Controller report.

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