Spike Controller
A new trading week is underway and time for us to provide you with the benchmark interbank price data. I`m Sinead MacLaughlin.<br />Euro/Dollar’s long term average spread is point 37 pips and maximum separation has been 1.2 pips.<br />Start of this week has been Euro bullish and the pair has gained point 54% or 58 pips to hit the high of 1 0778.<br />No major spreads have been recorded so far this week and the biggest gap of only 1.2 pips took place yesterday at 11:25 PM GMT.<br />The Cable’s long term average and maximum spreads are 1.32 and 4.9 pips respectively.<br />Pound/Dollar rose by a total of point 32% or 48 pips, but it has declined from the high of 1 5089.<br />Spreads were increased for a while yesterday at 11 PM GMT, but 4.9 pips is the biggest separation you should have seen.<br />And last up is the Dollar/Yen, which has a long term average of point 44 pips. Both of the sides were 1 and a half pip apart yesterday.<br />This instrument has been moving up from the low of 123 17 and it gained a total of point 36% or 44 pips.<br />Spreads have been relatively calm, peaking at only 1.5 pips yesterday at 11:25 PM GMT.<br />This brings Monday’s main Spike Controller to an end. As usual, these stats will be updated on an hourly basis, so stay tuned.