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Long term average spread is point 22 pips for the Euro/Dollar. Peak separation has been 1.4 pips.
The pair rose sharply yesterday and total gain measures at point 71% or 79 pips as the rate breached the 1 12 level for a moment.
US data run sent the spreads slightly higher yesterday at 2 PM GMT, but the max separation has been just 1.4 pips.
The Cable’s long term average and maximum spreads are point 84 and 4.1 pips respectively.
Pound/Dollar shot up yesterday by a total of point 61% or 81 pips, but the pair retreated from the high of 1 3318.
Spreads were above their usual level yesterday at 2 PM GMT as the US data was released, but 4.1 pips is the biggest separation you should have seen.
And last up is the Dollar/Yen, which has a daily average of point 31 pips. Max spread has been 6.9 pips.
The pair dropped yesterday by point 85% or 88 pips, but it has been recovering from the low of 103 12.
The same news reports have had the most pressure on the spreads here as well – bid and ask sides separated by 6.9 pips for a single tick as the rate declined.
I’m Kiays Khalil and that’s all for Friday’s Main Spike Controller. Check back for the hourly updates.
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