US Data Bumps Spreads [Video]

Dukascopy Bank Team Dukascopy Bank SA

Euro/Dollar's daily average spread is point 34 pips and maximum separation has been 1.9 pips. The pair rose above the 1 13 level once again as it gained point 86% or close to 100 pips. It has been busy with news releases during the past 24 hours and both of the sides were 1.9 pips apart yesterday at 1:30 PM GMT when it was busy with US data releases. The Cable's long term average spread is 1.15 pips and peak separation was 6.6 pips. Rate movement has been volatile for the Pound/Dollar as well and the biggest move was a decline of point 9% or 115 pips. Spreads peaked at 6.6 shortly after midnight GMT during a time when rate movement was relatively calm. Last up is the Dollar/Yen, which has long term average and maximum spreads of point 4 and 2.1 pips respectively. Daily high and low difference is 61 pips and it was posted as the pair gained point 54%. US data run bumped the spreads yesterday at 1:30 PM GMT, but 2.1 pips is the biggest gap you should have seen.

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Dukascopy Bank Team

Dukascopy Bank SA

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