Major Currencies Update – April 26, 2017

EUR/USD

Euro/Dollar has a daily average spread of point 38 pips and maximum separation has been 1 and a half pips.
The pair gained a total of point 74% or 80 pips to reach the high of 1 0951, but a following slide has wiped out most of the gains.
Spreads were slightly increased yesterday at 2 PM GMT as the US data was released, but the max separation has been just 1.5 pips.

GBP/USD

The Cable’s long term average and maximum spreads are point 81 and 2.4 pips respectively.
Last 24 hours have been relatively calm for the Pound/Dollar, high and low difference measures at only 45 pips.
Spreads were sent higher yesterday at 2 PM GMT here as well, but 2.4 pips is the line that shouldn’t have been crossed.

USD/JPY

And last up is the Dollar/Yen, which has a daily average spread of point 35 pips. Both of the sides were 1.3 pips apart yesterday.
Greenback has been on a steady rise against the Yen, gaining more than 1% or 114 pips.
Spreads peaked yesterday minutes after 2 PM GMT, but 1.3 pips is the biggest separation you should have seen.