Temporal patterns and history of EUR/JPY spread, 2003-2009

Source: forexautomaton.com

This third article in a series dedicated to patterns and stability of forex spread deals with EUR/JPY. As in other studies, the data come from a popular non-ECN broker. The only surprise here is the unexpected increse of the spread in 2009, both on absolute scale and in relation to the EUR/JPY quote.


Read more...

  • GBPUSD rebounded from 1.6208

    GBPUSD rebounded from 1.6208, suggesting that a cycle bottom has been formed on 4-hour chart. Range trading between 1.6208 and 1.6460 is expected...

  • EUR/GBP long term technicals

    The 61.8% Fibo at .8490 should provide initial support but a break below there will target an interim low at .8260, which also coincides with the long term trend line. The previous important low at .8635 is now the first level of resistance with little behind there until...

  • Bangladesh Bank Lifts Repo Rate 50bps to 7.75%

    The Central Bank of Bangladesh increased its repurchase rate by 50 basis points to 7.75% from 7.25% previously; also lifting the reverse repo rate...

  • Weekly Forex Market Forecast (November 21st – November 25th 2011)

    By Michael Trinkle, ForexTraders Key Fundamental Forex Events and Forecasts for the Coming Week The following table lists the key economic data and other events that are due out during the week of November 21st – 25th, with release times displayed for the GMT time zone. The list also includes...

  • Eur/Usd clears 1.4000 hurdle

    Dollar weakness is most pronounced in Eur/Usd at the moment as the market triggers stops above 1.4000. The market is now starting to doubt that early rate hikes are a realistic option for the Fed. So far we’ve managed to hit 1.4030, 1.4070 is the next...