The Dukascopy Forex TV Team brings you the primary Spike Controller providing you with the benchmark interbank price data for this Tuesday.
Long term average spread is just slightly above the point 2 pip mark for the Euro/Dollar. Max separation has been point 8 pips.
Last 24 hours have been bullish for the pair, it has gained point 56% or 63 pips to reach the high of 1 1355.
Spreads have been calm, not exceeding point 8 pips during the last 24 hours.
The Cable’s long term average spread is point 89 pips and both of the sides separated by 2.3 pips yesterday.
Pound/Dollar has been on a rise from the low of 1 3082 and a total of almost 1% or 129 pips were gained.
Spreads were slightly elevated yesterday at 4:56 PM, but 2.3 pips is the line that shouldn’t have been crossed.
And wrapping up this report is the Dollar/Yen, which has long term average and maximum spreads of point 36 and 1.1 pips respectively.
Buck dropped against the Yen by a total of point 76% or 77 pips to slip below the 100 level for a moment.
No major spreads have been recorded and the max of just 1.1 pips took place today shortly after midnight GMT.
I’m Celeste Skinner and this wraps up the main Spike Controller for Tuesday. Check back for the hourly updates throughout the day.
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