Another 24-hours of trading gone by, and we’re once again reporting on the benchmark interbank spreads to make sure you can measure your broker’s appetite.
Euro/Dollar has a long term average spread of a quarter of a pip. Maximum of 1 and a half pips was posted yesterday.
Daily volatility is 66 pips and it was recorded as the pair declined by point 62% to hit the low of 1 0584.
Spreads have been generally calm, peaking at only 1.5 pips yesterday shortly after 11 PM GMT.
The Cable’s daily average spread is point 93 pips and maximum separation has been 4.3 pips.
Last 24 hours have been bearish for the Pound/Dollar, the pair has declined by point 88% or 110 pips.
Spreads were elevated for a number of ticks yesterday shortly after 11 PM GMT here as well, but 4.3 pips is the biggest separation you should have seen.
And last up is the Dollar/Yen, which has long term average spread of point 4 pips. Both of the sides separated by 21.6 pips yesterday.
Daily high and low difference of 65 pips was posted as the pair gained point 59%.
Spreads were up to a massive 21.6 pips yesterday at 6:04 PM GMT as the ask side surged, but they returned back to usual levels after just a single tick.
I’m Jack Everitt and that’s it for now, but our hourly updates will provide you with fresh stats throughout the day.
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