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A quarter of a pip is the long term average spread for the Euro/Dollar. Max of 1.2 pips took place yesterday.
The pair dropped yesterday by point 54% or 59 pips, but it rose from the low of 1 0883.
News reports don’t match the time of the peak spread – both of the sides separated by 1.2 pips yesterday at 4:05 PM GMT shortly before the daily low was reached.
The Cable’s long term average spread is 1 pip and max separation has been 5 and a half pips.
Last 24 hours have been bearish for this pair, it has dropped by 1.17% or 144 pips from the high of 1 2268.
US data run sent the spreads higher yesterday at a half past noon GMT, but 5.5 pips is the line that shouldn’t have been crossed.
Dollar/Yen’s long term average spread is point 34 pips and both of the sides were 2 pips apart yesterday.
Greenback has been on a rise against the Yen, gaining point 75% or 78 pips.
Spreads were slightly elevated as the US data run was out yesterday at 12:30 PM GMT, but you shouldn’t have seen a gap bigger than 2 pips.
I’m Celeste Skinner and that’s it for now, but do stay tuned for the hourly updates to keep your broker on a short leash.
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