The trading week is coming to an end, but don’t let your guard down and keep checking your broker’s price with the Main Spike Controller.
First up is the Euro/Dollar with the average and peak spreads of point 34 and 1.6 pips, respectively.
The pair started moving lower yesterday afternoon, losing a total of point 75% or 81 pips.
Spreads were at their highest after 5:50 PM yesterday, but they still did not exceed 1.6 pips.
The Cable’s spreads have averaged at point 73 pips over the last 24 hours, peaking at 6.7 pips during the last 4 hours.
The pair’s daily volatility of 66 pips was posted during a decline of point 51 pips.
UK Retail Sales were out at half past 8 this morning.
Spreads peaked just as the data came out, although the daily max of 6.7 pips did not last longer than a single tick.
And Dollar/Yen’s long-term average spread stands at point 29 pips, whereas the daily max reaches 1.5 pips.
The pair has been moving in waves, but the biggest move was a gain of point 47% or 51 pips.
US Jobless Claims were out at half past noon yesterday, and spreads peaked at 1.5 pips just ahead of the release.
I’m Jessica Walker and this was the Primary Spike Controller for Friday. Stay tuned for the hourly updates.

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