The trading week is coming to an end, but don’t let your guard down and keep checking your broker’s price feed with the Primary Spike Controller.
Long term average spread is point 2 pips for the Euro/Dollar and peak separation has been 1 and a half pips.
Daily volatility is 51 pips and it was recorded as the rate declined by point 46% from yesterday’s high.
US data run sent the spreads slightly up yesterday at a half past noon GMT, but the max separation has been just 1.5 pips.
The Cable’s long term average and maximum spreads are point 9 and 4 pips respectively.
Pound/Dollar has been trending South from the high of 1 2998, declining by a total of point 45% or 59 pips.
Spreads were sent higher by the US data run yesterday at a half past noon GMT here as well, but 4 pips is the most you should have been charged.
Last up is the Dollar/Yen, which has a daily average of point 37 pips. Max separation has been 1.7 pips.
Greenback has shot up against the Yen by slightly more than 1% or 104 pips to reach the high at 102 21.
Same US data run has had the most pressure on the spreads here as well, but 1.7 pips is the biggest gap you should have seen.
I’m Celeste Skinner and that’s all for Friday’s Main Spike Controller. Stay tuned for the hourly updates.
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