EUR/USD Spread Hits Record Low at Dukascopy Bank

[kreslik.news]

On Wednesday, Swiss brokerage Dukascopy Bank announced that average spread on EUR/USD currency pair has hit a record low at 0.16 pips during the European trading session.

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Usually, the higher the liquidity, the lower the volatility, and therefore the tighter the spread. Dukascopy was among the first forex brokers to create its own ECN model and provide it to retail traders. As such, the ECN-marketplace model and the big number of Dukascopy’s liquidity providers, more than 25 leading banks, helped the company provide its clients today ... (read more)