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Euro/Dollar’s average and peak long-term spreads stand at point 24 and 1.3 pips, respectively.
The last 24 hours have been bearish for this pair which has lost point 58% or 65 pips, although it has since recovered some ground.
Spreads were at their highest after 4:50 this morning, but they did not go beyond 1.3 pips.
Pound/Dollar’s long-term average spread reaches point 91 pips, maxing out at 3.2 pips.
The pair has seen both ups and downs, but the single biggest move was a drop of point 45% or 59 pips.
Trading has been quite calm, and the daily max of 3.2 pips was reached after 3:42 this morning.
And Dollar/Yen’s spreads have averaged at point 58 pips during the last 24 hours, but the daily peak is notably higher at 9.3 pips.
The pair saw some strong movement this morning as it rose by no less than 1.76% or 178 pips.
Bank of Japan Monetary Policy Statement shook up the spreads at 4:18 this morning.
Both sides separated as the rate went up, but the daily peak of 9.3 pips did not last longer than a single tick.
I’m Jessica Walker and this was the Primary Spike Controller for Wednesday. Check back if you have any doubts about your trades.
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