Euro/Dollar’s long term average spread is point 28 pips and both of the sides were 1.1 pips apart during the past 4 hours. The pair has moved South of the 1 15 level to decline by a total of point 64% or 74 pips. Spreads have been relatively narrow, peaking at 1.1 pips today at 6:35 in the morning as the pair rose. The Cable’s spreads have averaged at point 79 pips during the past 24 hours, peaking at 1.8 pips. Pound/Dollar declined below the 1 30 level as the pair plummeted by point 78% or 102 pips. Spreads were slightly elevated yesterday at 3:23 PM GMT, but 1.8 pips is the most you should have been charged. And last up for this report is the Dollar/yen, which has long term average and maximum spreads of point 27 and point 6 pips respectively. The pair dropped by point 66% or 74 pips to hit the daily low at 112 15. No major separations have been recorded here for this pair and the max separation was only point 6 pips.
This overview can be used only for informational purposes. Dukascopy SA is not responsible for any losses arising from any investment based on any recommendation, forecast or other information herein contained.
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