EURUSD Lowest Spread Perfect for Active Expert Advisor Traders - 17th July to 21st July 2023

• Major currency spreads: Excellent EU/US; Good/Excellent Asian.
• Gold spread 'Good' consistently last week, stable during major events like US retail sales.
• GER30: 'Good' in Asia, 'Excellent' in EU/US.

Major Currency Pairs - EURUSD, AUDUSD, GBPUSD and USDJPY

(Note: The above chart excludes the spread data of the first two hour after market open and the last one hour before market close to minimise the impact of outliers during illiquid market sessions) 

The Major currency spreads were generally performing at ‘Excellent’ level during EU and US session, and ‘Good’ or ‘Excellent’ during Asian session.

EURUSD spreads had been able to maintain 0-1 during majority European and US sessions, USDJPY had been consistently within the range of 0-3 points, and AUDUSD within 0-2 during all sessions, which were all on ‘Excellent’ level, while GBPUSD was able to maintain ‘Good’ level across the board.

Gold and US WTI Oil

(Note: The Above chart excludes the spread data of the first one hour after market open and the last one hour before market close to minimise the impact of outliers during illiquid market sessions)

Gold spread remains consistently at ‘Good’ level during last week and remains stable during major events such as US retails sales release.

WTI oil also remains tight spread during US sessions and kept competitive during Asian and European sessions.

Dow Jones 30 and German 30 Indices

(Note: The Above chart excludes the spread data of the first one hour after market open and the last one hour before market close to minimise the impact of outliers during illiquid market sessions)

DJ30 spread maintains at ‘Excellent’ level across all trading sessions, with average spread between 150-200 points during Asian session and improves to 100-150 cents during EU and US sessions.

GER30 had improved to be majority as at ‘Good’ level during Asian session then tightened to ‘Excellent’ level during EU and US sessions.

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This content may have been written by a third party. ACY makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplied by any third-party. This content is information only, and does not constitute financial, investment or other advice on which you can rely.