The trading week may be coming to an end, but don’t let your guard down and compare your broker’s price feed with the Main Spike Controller.
Euro/Dollar’s long-term average and peak spreads stand at point 29 and 3.7 pips, respectively.
This pair saw some volatility yesterday afternoon, shooting up to its highest point at 1 1060, only to drop by point 72% or 80 pips.
European Central Bank released its monetary policy statement at 11:45 AM yesterday, and spreads peaked at 3.7 pips just as the release came out.
The Cable’s spreads have averaged at 1.4 pips over the last 24 hours, maxing out at 7.1 pips.
Pound/Dollar has had a very bearish morning, as it has lost 1.32% or 175 pips.
Numerous news releases from the United States were out at half past noon yesterday.
Spreads remained elevated for a number of ticks, so make sure you haven’t been charged more than 7.1 pips.
And Dollar/Yen’s long-term average spread reaches point 55 pips, whereas the daily max is 5.6 pips.
This pair has seen both ups and downs, but the single biggest move was a drop of point 87% or 93 pips.
The US news releases shook up the spreads for this pair as well, but 5.6 pips is as high as they went.
I’m Celeste Skinner and you’ve been watching the Primary Spike Controller for Friday. Stay tuned for the hourly updates.
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