Spreads Were Slightly Up at 11 PM
February 8, 2019 10:34 amVideo
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We are heading towards weekend, but don’t let that be a reason to take the pressure off your broker.
Euro/Dollar’s long term average spread is point 31 pips and maximum separation has been 1.3 pips.
The pair has been trending lower since hitting the high of 1 1360 and it declined by point 33 percent or 37 pips.
Spreads have been mostly calm and the max separation of only 1.3 pips took place yesterday at 11 PM GMT.
Next up is the Cable, which has a daily average spread of slightly more than 1 pip. Maximum separation of 6.4 pips was posted yesterday.
Pound/Dollar surged by more than one percent or 143 pips to reach the high of just pips below the 1.30 level. Some of the ground has since been given up.
Spreads were at their highest point of 6.4 pips yesterday at 11 PM GMT when the rate movement had already calmed down.
And last up is the Dollar/Yen, which has long term average and maximum spreads of point 38 and 1.1 pips respectively.
The pair moved South of the 110 level yesterday as it declined by point 37 percent, but most of the loss has been recovered.
No major separations have been recorded over the past 24 hours and both of the sides separated by 1.1 pips yesterday shortly before 8 PM.
I’m Kiays Khalil and these were the benchmark interbank price stats for this week’s final trading day.
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