EUR/USD spread patterns and history, 2003-2009

Source: forexautomaton.com

This article begins a series dedicated to forex spread (to be defined below as half the difference between bid and ask prices). In the series, a separate article will be dedicated to every forex pair we track. The issues of interest are evolution of spread in time, stability of spread during the day and week, and existence of predictable patterns in spread. Data from a popular non-ECN broker are used.


Read more...

  • WHO raises pandemic level to Six: Swedish health min

    The World Health Organization has raised its pandemic warning level to six on a scale of 1-6, according to the Swedish health ministry Reuters reports. This could lead to some risk aversion if it leads to travel cut backs, etc. Risk aversion is the farthest thing from the markets mind as stocks,...

  • Bank of Korea Maintains Interest Rate at 3.25%

    The Bank of Korea kept its 7-day repurchase rate at 3.25%.  The Bank said: “In Korea, economic growth has slowed,...

  • EUR at highs of the day

    We are seeing US dollar weaknes across the board as EURUSD trades above 1.4040. Offers at 1.4060 look like they will be challenged very...

  • Russia's CenterTelecom 2008 profits fall on forex

    MOSCOW, June 3 (Reuters) - Russian fixed-line telecom operator CenterTelecom (CTLK.MM) said on Wednesday its 2008 earnings edged down 2.7 percent on foreign ... See all stories on this...

  • The dollar reserve currency conundrum

    With India purchasing of 200 tonnes of gold from the IMF for US$ 6.7 billion last week — a far cry from the 67 tonnes of gold that India had to humiliatingly pledge in 1991 to stave off an imminent forex crisis — the debate on the need to diversify the forex reserves of the surplus countries...