Spreads Peak [Video]
|Euro/Dollar's long term average and maximum spreads are point 35 and 3.5 pips respectively. The trend has been shifting for this pair and the biggest move is a decline of point 53 percent or 61 pips. Spreads were above their usual level or a while yesterday at 11 PM GMT, but 3.5 pips is the biggest separation you should have seen. Next up is the Cable, which has long term average spread of point 94 pips. Maximum separation has been 12.2 pips. Most of the past 24 hours have been bearish for the Pound/Dollar and the pair declined by a total of point 56 percent or 71 pips. Spreads were at their highest point yesterday at 11 PM GMT here as well, but 12.2 pips is the line that shouldn't have been crossed. And last up is the Dollar/Yen, which as a daily average spread of point 35 pips. Peak of 1.8 pips took place during the past 4 hours. Greenback rose against the Yen by a total of point 56 percent or 60 pips to hit the high of 108 52. Spreads have been mostly calm for this pair, peaking at only 1.8 pips today at 6:16 in the morning.
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