Spreads Peaked On Jan 1st
January 2, 2019 10:59 amVideo
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Euro/Dollar’s daily average spread is a half a pip and maximum separation has been 9.6 pips.
The pair rose sharply, but it has since dropped by point 65 percent or 75 pips to hit the low of 1 1422.
Spreads were bumpy yesterday at 11 PM GMT, but you shouldn’t have seen a separation bigger than 9.6 pips.
Next up is the Cable, which has long term average and maximum spreads of 1.45 and 18.7 pips respectively.
Pound/Dollar has moved sharply lower, declining by a total of point 68 percent or 87 pips.
Spreads were above their usual level for a while yesterday at 11 PM GMT, but make sure you haven’t been charged more than 18.7 pips.
And last up is the Dollar/Yen, which has long term average and maximum spreads of point 5 and 2.2 pips respectively.
The pair dropped further below the 110 level as it declined by nearly one percent or 102 pips.
Spreads peaked yesterday at 11 PM GMT here as well, but 2.2 pips is the line that shouldn’t have been crossed.
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