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Tuesday, March 18, 2008

CHF-JPY unusually large spread 5 pips

CHF-JPY usually starts off on Monday with spread of 4 and by Tues it will drop to 2.8 right through to Friday. This has been its spread pattern for the last 6 weeks.

But for this week, I notice a change. It started off on Monday with spread of 4 pips, and by Tuesday, it increased to 5 pips. It appears to have broken its spread pattern.
Most of the time its Peak-to-peak amplitude was very wide around 10 to 20 pips and occassionally would compress to around 8 pips.

I noticed that the EUR-JPY is also ranging and its spread was only 2.7 pips.
So I switched to EUR-JPY.

1 comment:

Blogger said...

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