It’s time for Wednesday’s Main Dukascopy Spike Controller. Let’s take a look at the average and peak spread levels for the three non-cross majors. Euro/Dollar has a daily average spread of point 38 pips and maximum separation has been 1 and a half pips. The pair gained a total of point 74% or 80 pips to reach the high of 1 0951, but a following slide has wiped out most of the gains. Spreads were slightly increased yesterday at 2 PM GMT as the US data was released, but the max separation has been just 1.5 pips. The Cable’s long term average and maximum spreads are point 81 and 2.4 pips respectively. Last 24 hours have been relatively calm for the Pound/Dollar, high and low difference measures at only 45 pips. Spreads were sent higher yesterday at 2 PM GMT here as well, but 2.4 pips is the line that shouldn’t have been crossed. And last up is the Dollar/Yen, which has a daily average spread of point 35 pips. Both of the sides were 1.3 pips apart yesterday. Greenback has been on a steady rise against the Yen, gaining more than 1% or 114 pips. Spreads peaked yesterday minutes after 2 PM GMT, but 1.3 pips is the biggest separation you should have seen. I’m Jessica Walker and that concludes the Primary Spike Controller for Wednesday. Stay tuned for the hourly updates.
It’s time for Wednesday’s Main Dukascopy Spike Controller. Let’s take a look at the average and peak spread levels for the three non-cross majors.
Euro/Dollar has a daily average spread of point 38 pips and maximum separation has been 1 and a half pips.
The pair gained a total of point 74% or 80 pips to reach the high of 1 0951, but a following slide has wiped out most of the gains.
Spreads were slightly increased yesterday at 2 PM GMT as the US data was released, but the max separation has been just 1.5 pips.
The Cable’s long term average and maximum spreads are point 81 and 2.4 pips respectively.
Last 24 hours have been relatively calm for the Pound/Dollar, high and low difference measures at only 45 pips.
Spreads were sent higher yesterday at 2 PM GMT here as well, but 2.4 pips is the line that shouldn’t have been crossed.
And last up is the Dollar/Yen, which has a daily average spread of point 35 pips. Both of the sides were 1.3 pips apart yesterday.
Greenback has been on a steady rise against the Yen, gaining more than 1% or 114 pips.
Spreads peaked yesterday minutes after 2 PM GMT, but 1.3 pips is the biggest separation you should have seen.
I’m Jessica Walker and that concludes the Primary Spike Controller for Wednesday. Stay tuned for the hourly updates.
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