Slow 24 Hours for Spreads
August 24, 2018 10:49 amVideo
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The weekend is just around the corner, but don’t let your guard down and keep checking your broker’s price feed with the Dukascopy Spike Controller.
Euro/dollar’s long term average spread is point 32 pips and maximum separation has been 1.1 pips.
The pair moved South yesterday by point 53% or 61 pips to hit the low of 1 1530.
Spreads have been relatively calm during the past 24 hours, peaking at only 1.1 pips yesterday at 1:50 PM.
The Cable’s daily average is point 81 pips and peak spread of 1.6 pips was posted yesterday.
Pound/Dollar has had a bearish run and the pair declined by a total of point 86% or 111 pips.
Spreads were slightly up yesterday during the publication of the US Jobless Claims, but 1.6 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 53 and point 7 pips respectively.
The pair has gained point 67% or 74 pips to break through the 111 level.
Spreads have stayed low, peaking at only point 7 pips yesterday at a half past noon GMT during the US data release.
I’m Jack Everitt and that’s all we have for Friday’s Spike Controller.
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