US GDP Bumps Spreads Slightly
August 30, 2018 10:50 amVideo
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This is the Dukascopy Spike Controller report for Thursday, the 30th of August.
Euro/Dollar’s long term average spread is point 31 pips and maximum separation has been 1.2 pips.
The pair broke through the 1 17 level after gaining point 58% or 67 pips over the past 24 hours.
Spreads were bumped slightly up yesterday at a half past noon GMT as the US GDP stats were out, but 1.2 pips is the biggest gap you should have seen.
Next up is the Cable, which has a daily average spread of point 81 pips. Peak separation is 2.8 pips.
Pound/Dollar jumped yesterday and the pair has gained a total of 1.4% or 180 pips as it rose above the 1 30 level.
Spreads were slightly up yesterday at a half past noon GMT here as well, but 2.8 pips is the most you should have been charged.
And last up is the Dollar/Yen, which has long term average and maximum spreads of point 28 and 1 pip respectively.
The pair rose yesterday by a total of point 58% or 65 pips and it has been trending slowly South afterwards.
US GDP report sent the spreads slightly up yesterday, but the max separation was just 1 pip.
I’m Kiays Khalil and that’s it for Thursday’s report, but do click back for more. Goodbye.
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