Let’s find out if the past 24 hours have been calm in terms of spread levels for the three non-cross majors. Euro/dollar’s daily average spread is point 33 pips. Maximum separation has been 1.6 pips and both of the sides were point 6 pips apart during the past hour. The pair dropped yesterday by a total of point 68% or 78 pips, before rising from the low of 1 1350. Maximum separation of 1.6 pips took place yesterday shortly after 1 PM GMT and both of the sides were point 6 pips apart today at 9:30 AM. Moving on to the Cable, daily average spread is slightly above the 1 pip mark. Both of the sides were 4.6 pips apart during the past hour. Pound/Dollar plummeted yesterday by a massive 1.72% or 219 pips, before rising from the low of 1 2507. UK Unemployment Report sent the spreads up today at 9:30 in the morning, but 4.6 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 36 and 1.8 pips respectively. Daily high and low difference is 79 pips and it was recorded as the pair gained point 7%. Spreads have been mostly calm for this pair, peaking at only 1.8 pips yesterday at 7:23 PM GMT. I’m Kiays Khalil and that’s all for Tuesday’s Spike Controller report.
Let’s find out if the past 24 hours have been calm in terms of spread levels for the three non-cross majors.
Euro/dollar’s daily average spread is point 33 pips. Maximum separation has been 1.6 pips and both of the sides were point 6 pips apart during the past hour.
The pair dropped yesterday by a total of point 68% or 78 pips, before rising from the low of 1 1350.
Maximum separation of 1.6 pips took place yesterday shortly after 1 PM GMT and both of the sides were point 6 pips apart today at 9:30 AM.
Moving on to the Cable, daily average spread is slightly above the 1 pip mark. Both of the sides were 4.6 pips apart during the past hour.
Pound/Dollar plummeted yesterday by a massive 1.72% or 219 pips, before rising from the low of 1 2507.
UK Unemployment Report sent the spreads up today at 9:30 in the morning, but 4.6 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 36 and 1.8 pips respectively.
Daily high and low difference is 79 pips and it was recorded as the pair gained point 7%.
Spreads have been mostly calm for this pair, peaking at only 1.8 pips yesterday at 7:23 PM GMT.
I’m Kiays Khalil and that’s all for Tuesday’s Spike Controller report.
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