Millions of Britons area heading towards polls on this Thursday, so let’s see if this reflects in any way on the spreads for the three non-cross majors.
Euro/Dollar’s long term average spread is point 35 pips and both of the sides were 1 and a half pips apart yesterday.
Single currency has surged against the Buck, reaching the high of 1 14 as the pair gained more than 1% or 131 pips.
Spreads were increased as Fed’s Chair Janet Yellen spoke yesterday at 2 PM GMT, but the peak spread has been only 1.5 pips.
Pound/Dollar has a daily average at just slightly below 2 pips and maximum gap has been 5.3 pips.
The Cable has moved sharply up in a couple of waves, gaining 1.69% or 247 pips.
Spreads were elevated for a while at midnight GMT, peaking at 5.3 pips and both of the sides were 3.7 pips apart today at 9:20 in the morning.
Last up is the Dollar/Yen, which has long term average and maximum spreads of point 46 and 2.1 pips respectively.
Long term high and low difference measures at 102 pips and it was posted today as the rate shot up by point 98%.
Spreads were slightly elevated yesterday as Janet Yellen spoke at 2 PM GMT, but you shouldn’t have seen a separation bigger than 2.1 pips.
I’m Lucy Palfreeman and that’s it for Thursday’s primary Spike Controller. Get the latest data throughout the day by clicking back for the hourly updates.
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