Let’s see if any of the news releases have influenced spreads during the past 24 hours.
Euro/Dollar’s long term average spread is point 31 pips and maximum separation has been 1.2 pips.
The daily high and low difference is 62 pips and it was posted as the pair declined by point 54 percent.
Spreads have been mostly calm, not exceeding 1.2 pips despite the busy news flow over the past 24 hours.
Next up is the Cable, which has a daily average spread of slightly less than one pip. Peak is 4.3 pips and both of the sides were 3.3 pips apart during the past hour.
Pound/Dollar’s daily volatility is 115 pips and it was recorded as the pair moved South by point 87 percent.
The maximum spread of 4.3 pips was posted yesterday at 11 PM GMT and both of the sides were 3.3 pips apart today during the release of the UK Manufacturing PMI.
And last up is the Dollar/Yen, which has long term average and maximum spreads of point 35 and 1.8 pips respectively.
Greenback has been climbing up against the Yen, gaining point 43 percent or 47 pips as the pair approached the 109 level.
No major spreads have been recorded for this pair and the peak of 1.8 pips took place yesterday shortly after 5 PM GMT.
I’m Kiays Khalil and these were the benchmark interbank price stats for Friday.

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