Mostly Calm Spreads
February 25, 2019 10:49 amVideo
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Let’s find out if there have been any significant spread increases so far this week.
Euro/Dollar’s daily average spread is point 37 pips and maximum separation has been 1.2 pips.
Start of the week has been relatively slow and the biggest move is an increase of point 27 percent or 31 pips.
Spreads were slightly bumpy yesterday at 11 PM GMT, but 1.2 pips is the most you should have been charged.
Moving on to the Cable, long term average and maximum spreads are 1.53 and 5.7 pips respectively.
Pound/Dollar rose by point 39 percent or 51 pips to hit the 1.31 level briefly.
Spreads were bumpy for a while yesterday shortly after 11 PM GMT, but 5.7 pips is the biggest gap you should have seen.
And last up is the Dollar/Yen, which has a daily average of point 58 pips. Maximum separation has been 1.4 pips.
Daily high and low difference is 28 pips and it was posted as the pair declined by point 25 percent.
No major separations have been recorded here for this pair and the max of only 1.4 pips took place yesterday at 11 PM GMT.
I’m Jacks Everitts and that’s all for Monday’s Spike Controller. Bye for now.
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