|

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.

Author

Dukascopy Bank Team

Dukascopy Bank Team

Dukascopy Bank SA

Dukascopy Bank stands as an innovative Swiss online banking institution, with its headquarters situated in Geneva, Switzerland.

More from Dukascopy Bank Team
Share:

Editor's Picks

EUR/USD: US Dollar to remain pressured until uncertainty fog dissipates

Unimpressive European Central Bank left monetary policy unchanged for the fifth consecutive meeting. The United States first-tier employment and inflation data is scheduled for the second week of February. EUR/USD battles to remain afloat above 1.1800, sellers moving to the sidelines.

GBP/USD softens to near 1.3600 as BoE hints further rate cuts

The GBP/USD pair loses ground to near 1.3610 during the early Asian session on Monday. The Pound Sterling softens against the Greenback amid growing expectations of the Bank of England’s interest-rate cut. Traders will take more cues from the Fedspeak later on Monday.

Gold eyes acceptance above $5,000, kicking off a big week

Gold is consolidating the latest uptick at around the $5,000 mark, with buyers gathering pace for a sustained uptrend as a critical week kicks off. All eyes remain on the delayed Nonfarm Payrolls and Consumer Price Index data from the United States due on Wednesday and Friday, respectively.

Top Crypto Gainers: Aster, Decred, and Kaspa rise as selling pressure wanes

Altcoins such as Aster, Decred, and Kaspa are leading the broader cryptocurrency market recovery over the last 24 hours, as Bitcoin holds above $70,000 on Monday, up from the $60,000 dip on Thursday.

Weekly column: Saturn-Neptune and the end of the Dollar’s 15-year bull cycle

Tariffs are not only inflationary for a nation but also risk undermining the trust and credibility that go hand in hand with the responsibility of being the leading nation in the free world and controlling the world’s reserve currency.

Bitcoin, Ethereum and Ripple consolidate after massive sell-off

Bitcoin, Ethereum, and Ripple prices consolidated on Monday after correcting by nearly 9%, 8%, and 10% in the previous week, respectively. BTC is hovering around $70,000, while ETH and XRP are facing rejection at key levels. Traders should be cautious: despite recent stabilization, upside recovery for these top three cryptocurrencies is capped as the broader trend remains bearish.