You’re watching the Main Spike Controller for Monday. Here’s a closer look at the benchmark interbank price data.
Euro/Dollar’s spreads have averaged at point 29 pips during the last 24 hours, peaking at 1 pip.
Trend has changed and the biggest move is a rise of point 24% or 27 pips.
Start of this week has been calm in terms of spreads, max of just 1 pip took place yesterday at 11 PM GMT.
The Cable’s daily average is slightly above 1 pip and both of the sides separated by 2.3 pips early in the session.
Pound/Dollar has moved sharply lower by a half a percent of 65 pips to hit the low of 1 3032.
Both of the sides separated by more than usual for a number of ticks today at 1:16 in the morning, but 2.3 pips is the line that shouldn’t have been crossed.
Last up is the Dollar/Yen, which has long term average and maximum spreads of point 44 and 1.2 pips respectively.
Greenback rose steeply against the Yen, gaining point 59% or 60 pips to hit the high at 102 46.
No major spreads have been recorded so far this week and 1.2 pips is the biggest separation you should have seen.
I’m Celeste Skinner and that’s all for Monday’s Primary Spike Controller, but stay with us as we provide you with the latest data throughout the day.
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