Currency markets have been on a bumpy ride during the past 24 hours, so stay with us to find out what the average and maximum spreads have been. Euro/Dollar’s daily average spread is point 56 pips and maximum separation has been 17.1 pips. Daily high and low difference is 133 pips and it was posted as the pair declined by 1.16 percent, but it has since regained some of the lost ground. Spreads were at their highest point yesterday at 11 PM GMT shortly before the daily low was hit, but 17.1 pips is the most you should have been charged. Next up is the Cable, which has a daily average spread of 1.26 pips. Peak separation has been 19 pips. Pound/Dollar plummeted by a massive 2.2 percent or 279 pips, before rising sharply from the low of 1 2425. Spreads were bumpy yesterday at 11 PM GMT here as well, but you shouldn’t have seen a gap bigger than 19 pips. And last up is the Dollar/Yen with long term average and maximum spreads of point 97 and 30.2 pips respectively. The year started with a free fall for this pair as it plummeted by a massive 4.32 percent or 473 pips yesterday. Spreads were up as the pair rebounded from the low of 104.74, peaking at a massive 30.2 pips. I’m Jack Everitt and these were the volatile benchmark interbank price stats for Thursday.
Currency markets have been on a bumpy ride during the past 24 hours, so stay with us to find out what the average and maximum spreads have been.
Euro/Dollar’s daily average spread is point 56 pips and maximum separation has been 17.1 pips.
Daily high and low difference is 133 pips and it was posted as the pair declined by 1.16 percent, but it has since regained some of the lost ground.
Spreads were at their highest point yesterday at 11 PM GMT shortly before the daily low was hit, but 17.1 pips is the most you should have been charged.
Next up is the Cable, which has a daily average spread of 1.26 pips. Peak separation has been 19 pips.
Pound/Dollar plummeted by a massive 2.2 percent or 279 pips, before rising sharply from the low of 1 2425.
Spreads were bumpy yesterday at 11 PM GMT here as well, but you shouldn’t have seen a gap bigger than 19 pips.
And last up is the Dollar/Yen with long term average and maximum spreads of point 97 and 30.2 pips respectively.
The year started with a free fall for this pair as it plummeted by a massive 4.32 percent or 473 pips yesterday.
Spreads were up as the pair rebounded from the low of 104.74, peaking at a massive 30.2 pips.
I’m Jack Everitt and these were the volatile benchmark interbank price stats for Thursday.
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