07.08.2017 – Spike Controller by Dukascopy
August 7, 2017 10:59 amVideo
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Euro/Dollar’s long-term average and peak spreads stand at point 35 and point 9 pips, respectively.
This pair went up this morning, gaining a total of point 37% or 43 pips, although it has since eased from its daily peak at 1 1814.
Trading has been quite calm, and the highest spread of point 9 pips was posted at 11 o’clock yesterday.
The Cable’s long-term average spread reaches more than 1 pip, although the mid and short-term averages are lower. The daily peak stands at 2.5 pips.
Pound/Dollar has seen limited movement, and the biggest move was a gain of point 2% or 26 pips.
Spreads were at their highest after 11:10 yesterday evening, but 2.5 pips is as high as they went.
And Dollar/Yen’s long-term spreads have averaged at point 4 pips, maxing out at 1.2 pips.
The rate started moving higher after 2 AM, gaining point 23% or 25 pips from its daily low at 110 65.
The daily peak spread was reached shortly before 12:55 AM, but it did not exceed just 1.2 pips.
I’m Kiays Khalil and this was the Main Spike Controller for Monday. Check back in throughout the day to track the latest developments.
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