Low Spreads on Monday
October 29, 2018 11:11 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 daily average spread is point 35 pips. Peak of 1.3 pips was posted during the past hour.
The pair has once again moved South of the 1 14 level as it declined by point 46% or 52 pips.
Spreads have been relatively tame, both of the sides separated by the max of 1.3 pips today at 9:41 AM.
The Cable’ daily average and maximum spreads are point 89 and 1.7 pips respectively.
Pound/Dollar has shifted South as well, declining by point 3% or 38 pips.
Spreads were slightly elevated yesterday minutes after 11 PM GMT, but 1.7 pips is the most you should have been charged.
And last up is the Dollar/Yen, which has a daily average spread of point 3 pips. Maximum separation has been point 7 pips.
Greenback surged against the Yen, rising above the 112 level as the pair gained point 38% or 42 pips.
No major separations have been recorded here as well and the max separation was just point 7 pips.
I’m Jack Everitt and that’s how things look at 10 AM GMT.
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