Let’s find out if the past 24 hours have been calm in terms of spread levels for the three non-cross majors. Spreads have averaged at point 29 pips during the past 24 hours for the Euro/Dollar. Peak separation has been 1.2 pips. Daily high and low difference is 64 pips and it was posted as the pair declined by point 57 percent to move south of the 1.13 level. Spreads have been mostly narrow and the biggest separation of 1.2 pips was posted yesterday at 4:20 PM GMT as the pair rose. The Cable’s daily average spread is point 89 pips and peak separation has been 6 pips. The past 24 hours have been bearish for the Pound/Dollar and it has dropped by point 81 percent or 105 pips. Spreads were bumpy for a number of ticks yesterday at 11 PM GMT, but you shouldn’t have seen a separation bigger than 6 pips. And last up is the Dollar/Yen, which has long term average and maximum spreads of point 37 and 1.6 pips respectively. Greenback has gained more ground against the Yen as the pair moved further above the 110 level to post the daily high and low difference of 54 pips. Spreads have been mostly calm for this pair and the max of just 1.6 pips took place yesterday shortly after 11 PM GMT. I’m Jack Everitt 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.
Spreads have averaged at point 29 pips during the past 24 hours for the Euro/Dollar. Peak separation has been 1.2 pips.
Daily high and low difference is 64 pips and it was posted as the pair declined by point 57 percent to move south of the 1.13 level.
Spreads have been mostly narrow and the biggest separation of 1.2 pips was posted yesterday at 4:20 PM GMT as the pair rose.
The Cable’s daily average spread is point 89 pips and peak separation has been 6 pips.
The past 24 hours have been bearish for the Pound/Dollar and it has dropped by point 81 percent or 105 pips.
Spreads were bumpy for a number of ticks yesterday at 11 PM GMT, but you shouldn’t have seen a separation bigger than 6 pips.
And last up is the Dollar/Yen, which has long term average and maximum spreads of point 37 and 1.6 pips respectively.
Greenback has gained more ground against the Yen as the pair moved further above the 110 level to post the daily high and low difference of 54 pips.
Spreads have been mostly calm for this pair and the max of just 1.6 pips took place yesterday shortly after 11 PM GMT.
I’m Jack Everitt and that’s all for Tuesday’s Spike Controller report.
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