EURUSD Lowest Spread Perfect for Active Expert Advisor Traders – 23rd September to 27th September 2024

• Major currency pairs generally exhibited average spreads, with AUDUSD and EURUSD maintaining average levels, while USDJPY and GBPUSD showed a need for improvement, particularly during the Asian session.
• Gold (XAUUSD) spreads started at an average level but tightened to good during the EU/US sessions, while US WTI oil improved from good to excellent spreads during the same period.
• The Dow Jones 30 (DJ30) consistently demonstrated excellent spreads, whereas the German 30 (GER30) transitioned from good to excellent as market conditions improved during the EU and US sessions.

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) 

Majors Currency Pairs  

The Major currency spreads were generally performing at an ‘Average’ level across four trading currency pairs during all sessions.

Specifically, AUDUSD spreads were at an ‘Average’ level during the Asian session then it improved to a ’Good’ level during the EU/US sessions. EURUSD spreads had been constantly ranging between 2-3 points, which was on a ‘Average’ level across all trading sessions. USDJPY spreads had been constantly ranging above 5 points, which was on a ‘Improvement required’ level across all trading sessions. As well as GBPUSD spreads were at an ‘Improvement required’ level during the Asian session then tightened aggressively to an ‘Average level during EU/US Sessions

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)  

For the spread of XAUUSD, from the chart above it illustrates that the spreads were at an ‘Average” level during the Asian session then tightened aggressively to a ‘Good’ level during EU/US Sessions.

As for USWTI, its spread began at an ‘Good’ level during the Asian session and then progressed to an 'Excellent' level during the EU and US 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) 

The DJ30 spreads had been constantly ranging between 100-200 points, which was on a ‘Excellent” level across all trading sessions.

In contrast, the GER30 initially experienced a Good level spread during the Asian session due to reduced trading activity and a subdued market condition. However, it subsequently underwent significant tightening, reaching an ‘Excellent level (100-200) during the EU and US sessions.

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