Make sure you get the best deals from your broker on this Monday by watching the Primary Dukascopy Spike Controller.
Point 3 pips is the long term average spread for the Euro/Dollar. Max separation is point 8 pips.
Rate movement has been relatively calm and long term high and low difference of 36 pips was posted during a decline of point 32%.
No major spreads have been recorded and the max of just point 8 pips took place today at 7:27 in the morning.
The Cable’s daily average spread is 1.11 pips and peak spread has been 2 and a half pips.
Pound/Dollar moved South from the high of 1 3140, declining by a total of point 41% or 54 pips.
Spreads were elevated for a while yesterday at 11 PM GMT, but 2.5 pips is the biggest gap you should have seen.
And last up is the Dollar/Yen, which has long term average and maximum spreads of point 42 and 1.9 pips respectively.
Greenback rose against the Yen by a total of point 54% or 55 pips to reach the daily high of 102 39.
Bid and ask sides separated by 1.9 pips today at 4:36 in the morning, but they moved back closer after a single tick.
I’m Celeste Skinner and that concludes the Main Spike Controller for Monday. These stats are updated on an hourly basis, so stay tuned.
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