Smooth 24 Hours for Spreads
August 9, 2018 10:46 amVideo
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Keep your broker in check with Thursday’s Spike Controller brought to you by the Dukascopy TV Team.
Euro/dollar’s average spreads are slightly above the point 3 pip mark in all three time ranges. Maximum separation has been point 8 pips.
Daily high and low difference is 47 pips and it was posted as the pair rose by point 41%.
Spreads have stayed calm for this pair, peaking at only point 8 pips today at 7:12 in the morning.
Let’s move on to the Cable, where daily average spread is point 83 pips. Peak spreads has been 1.7 pips.
Pound/Dollar depreciated by a total of point 53% or 68 pips, before rebounding from the daily low.
Spreads were at their highest point today at 12:33 PM, but 1.7 pips is the line that shouldn’t have been crossed.
And last up is the Dollar/Yen, which has long term average and maximum spreads of point 38 and point 7 pips respectively.
The pair declined by a total of point 43% or 48 pips before recovering most of the loss.
There have been no significant spreads for this pair as the biggest gap was just point 7 pips.
I’m Kiays Khalil and that’s it for Thursday’s Spike Controller. Bye for now.
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