Spread

AUD/USD

Hourly spread (pips)

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• In the recent market conditions, the average spread for AUD/USD is highest around New York close. This is similar to pre-COVID market conditions.
• Spread in AUD/USD increases sharply between 18:00 and 19:00 GMT (going into New York close) in the recent market conditions, relative to pre-COVID market conditions.
• We also notice an immediate and sharp spike in recent spread after London fixing hour (between 17:00 and 18:00 GMT), relative to pre-COVID market conditions.