Lowest Oil Spreads Reviewed for Week Starting 28th April to 2nd May

Chart I. Weekly Average Spread for Major Currency Pairs (EURUSDzero, GBPUSDzero, AUDUSDzero, USDJPYzero)

(Note: The below 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)

Chart II. Weekly Average Spread for Gold and US Crude Oil (XAUUSDzero, USWTIzero)

(Note: The below 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)

Chart III. Weekly Average Spread for German 30 Index and Dow Jones 30 Index (GER30, DJ30)

(Note: The below 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)

Weekly Average Spread Review Results:

Majors Currency Pairs:

Among major FX pairs (EURUSD, GBPUSD, AUDUSD, USDJPY), EURUSD sustained Good spread conditions (1–2 points) across Asian, European, and US sessions, occasionally reaching Excellent levels (0–1 points) during peak periods — reflecting solid liquidity throughout all trading hours.

GBPUSD showed Excellent spreads (0–2 points) during the European and US sessions, but dropped to Good (2–3 points) during the Asian session, suggesting moderately less favorable trading conditions in lower-liquidity hours.

AUDUSD reached Excellent levels (0–2 points) in the US session, and maintained Good (2–3 points) spreads in the Asian and European sessions, showing balanced performance across all regions.

USDJPY was the most consistent among the majors, with Excellent spreads (0–3 points) across Asian, European, and US sessions — indicating deep market liquidity and optimal trading conditions across the board.

Gold and US WTI Oil:

Gold (XAUUSD) sustained Excellent spreads (0–10 points) during European and US sessions, but deteriorated to Improvement Required levels (>20 points) during the Asian session, likely due to reduced liquidity and increased volatility outside peak hours.

USWTI Oil maintained Good spreads (30–40 points) in the European and US sessions, though spreads exceeded 45 points in the Asian session, categorizing it as Improvement Required — highlighting increased cost during less active periods.

Dow Jones 30 and German 30 Indices:

DJ30 (Dow Jones 30) consistently maintained Good spreads (200–250 points) across Asian, European, and US sessions, indicating reliable liquidity and favorable conditions for trading throughout the day.

GER30 (German 30 Index) performed Average (300–500 points) during European and US sessions, but worsened to Improvement Required (>500 points) in the Asian session, reflecting unfavorable trading conditions outside of European hours.