ACY Securities Weekly Average Spread Review (May 1
  Source:ACY Securities 2023-05-24 10:55:37
Description:
Weekly Average Spread Review (May 15 - May 19, 2023)Major currency pairsFinancial products: EUR/USD EURUSD, GBPUSD, AUD/USD AUDUSD, USD/JPY USDJPYTable 2. Bulk commoditiesFinancial products: Gold XAUUSDzero, crude oil USWTIzeroFinancial products: German index GER30, Dow Jones DJ30Weekly average spread summary (in yellow)Major currency pairsThe spread of major currency pairs generally performed at the "excellent" level during the European and American trading hours, and at the "good" or "excellent" level during the Asian trading hours.The EURUSD and AUDUSD spreads have been in the 0-1 point range and have been at "excellent" levels throughout all trading sessions.The spread between GBP/USD and USD/JPY was generally at "good" levels during the Asian session due to the lack of activity in the Asian session, and significantly improved to "excellent" levels during the European and US session.Bulk commodityUnder the influence of multiple news fronts, the gold spread has remained at a "good" level throughout all periods.When the key data was released last week, the spread between the two products was still very low.Stock indexThe spread of the Dow Jones Index remained at "excellent" levels throughout the session, ranging from 150-200 points in the Asian session to 100-150 cents in the European and U.S. sessions.The spread of the German stock index improved to "good" in the Asian session, and rose to "excellent" in the European and US session.