EUR/USD 24H Peak Spread: 1.2 Pips [Video]
|Euro/Dollar's daily average spread is point 41 pips and peak separation has been 1.2 pips. The pair jumped yesterday, gaining point 79% or 90 pips to rise above the 1 14 level. Past 24 hours have been calm in terms of spread levels, peak of just 1.2 pips took place yesterday shortly after 11 PM GMT. The Cable's long term average spread is slightly more than 1 pip and both of the sides were 4.7 pips apart yesterday. Pound/Dollar's daily high and low difference is 91 pips and it was posted as the rate gained point 72%. Spreads were slightly up yesterday at 5:17 PM as the pair hit the daily high, but 4.7 pips is the most you should have been charged. And last up is the Dollar/Yen, which has long term average and maximum spreads of point 36 and 1 pip respectively. Greenback has been on a rise against the Yen, gaining point 61% or 69 pips. Spreads have been relatively narrow for this pair and anything far above the max of 1 pip shouldn't be tolerated.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.