Slow Start of the Week
November 5, 2018 11:08 amVideo
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Euro/Dollar’s daily average spread is point 48 pips and maximum separation has been 1.6 pips.
Start of the week has been calm in terms of rate movement, high and low difference measures at only 25 pips.
Spreads were slightly elevated yesterday at 11 PM GMT, but 1.6 pips is the biggest separation you should have seen.
Next up is the Cable, which has a daily average spread of point 97 pips. Max of 2.9 pips was posted during the past hour.
Pound/Dollar moved South of the 1 30 level after declining by point 44% or 57 pips.
UK Services PMI release sent the spreads higher today at 9:30 AM, but 2.9 pips is the most you should have been charged.
And last up is the Dollar/Yen, which has long term average and maximum spreads of point 51 and 1.7 pips respectively.
This has been a relatively slow day so far for this pair, the biggest move is a rise of point 2% or 23 pips.
No major separations have been posted here as well and you shouldn’t have seen a gap bigger than 1.7 pips.
I’m Kiays Khalil and this was the Spike Controller for Monday.
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