UK Unemployment Data Bumps Spreads [Video]
|Euro/Dollar’s daily average spread is point 31 pips and maximum separation has been 1 and a half pips. The pair gained a total of point 65% or 75 pips to hit the daily high of 1 1644. Spreads peaked at 1.5 pips yesterday shortly before 1 PM and Euro Zone data pushed both sides point 9 pips apart today at 9 AM. The Cable’s spreads have averaged at point 81 pips during the past 24 hours, peaking at 4.2 pips during the past 4 hours. Pound/Dollar has had a bullish run and the pair appreciated by more than 1% or 167 pips to move towards the 1 31 level. UK Unemployment report shook the spreads today at 8:30, but 4.2 pips is the biggest gap you should have seen. And last up is the Dollar/Yen, which has a daily average spread of point 26 pips. Peak separation has been point 7 pips. The pair rose further above the 111 level as it gained point 49% or 54 pips. Spreads have been mostly calm for this pair and the max of only point 7 pips was posted today at 12:52 in the morning.
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