You`re watching the benchmark interbank price stat overview with the main Spike Controller for Tuesday.
Euro/Dollar’s long term average spread is point 3 pips and both of the sides were 1.4 pips apart yesterday.
This pair spiked during the last 4 hours, gaining point 6% or 67 pips to hit the high of 1 1187.
Last 24 hours have been calm in terms of spreads as they haven’t exceeded 1.4 pips.
The Cable’s spreads have averaged at 1.72 pips during the last 24 hours, peaking at 5.3 pips yesterday.
Last 24 hours have been bearish for the Pound as the pair has plummeted by 1.7% or 227 pips.
Spreads were elevated for a number of ticks yesterday at 11 PM GMT, but 5.3 pips is the most you should have been charged.
Last up is the Dollar/Yen, which has long term average and maximum spreads of point 46 and 1.5 pips respectively.
Buck has dropped against the Yen by almost 1% or 99 pips, heading below the 102 level.
Despite the volatile rate movement, no major spreads have been recorded and the max of only 1.5 pips was recorded today at 3:10 in the morning.
I’m Kiays Khalil and that’s it for now, but do stay tuned for the hourly updates to track the most up-to-date spread data.
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