It’s 10 AM GMT on this Friday, so it’s time for the Primary Dukascopy Spike Controller where we take a closer look at the average and peak spread levels for the three non-cross majors.
Euro/Dollar’s daily average spread is point 21 pips and both of the sides separated by 1.3 pips yesterday.
Long term high and low difference of 56 pips was posted as the pair gained point 53%, but it has retreated from the high of 1 0680.
Spreads have been calm and the max of just 1.3 pips took place yesterday at 4:14 PM GMT.
The Cable’s long term average spread is point 83 pips and max separation of 4 pips took place less than an hour ago.
Pound/Dollar has dropped just recently and the pair is down by almost 1% or 121 pips.
UK Retail Sales report sent the spreads higher today at 9:30 in the morning, so let’s see what happened.
Both of the sides stayed separated for a number of ticks, but 4 pips is the line that shouldn’t have been crossed.
And the final pair for this report is the Dollar/Yen, which has a daily average spread of point 33 pips. Long term max is 2 pips.
Greenback has been on a slide against the Yen, declining by a total of point 9% or 103 pips.
Spreads were at their highest point yesterday at 11 PM GMT, but 2 pips is the most you should have been charged.
I’m Celeste Skinner and that’s all for Friday’s Main Spike Controller. Check back throughout the day if you have any doubts about your trades.

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