01.02.2017 – Spike Controller by Dukascopy
February 1, 2017 11:00 amVideo
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Check how fair your trades have been executed on this Wednesday, which happens to be the first trading day of February.
Euro/Dollar’s long term average and maximum spreads are point 22 and 1.6 pips respectively.
The pair rose yesterday by more than 1% or 113 pips, but rate movement has been flat after the high of 1 0812 was reached.
Spreads have been mostly calm and the biggest gap of 1.6 pips took place yesterday at 11:47 AM as the rate was heading sharply higher.
The Cable’s daily average spread is point 89 pips and max separation of 6.6 pips took place yesterday. Both of the sides moved 3.9 pips apart less than an hour ago.
Last 24 hours have been bullish for the Pound/Dollar, the pair has gained 1.68% or 209 pips.
Spreads peaked at 6.6 pips yesterday at 1:30 PM GMT and both of the sides separated by 3.9 pips today at 9:30 as the UK Manufacturing PMI was released.
Wrapping up this overview is the Dollar/Yen, which has long term average and maximum spreads of point 38 and 1.8 pips respectively.
The pair dropped yesterday by a total of 1.62% or 185 pips, but most of the loss was recovered after the low of 112 08 was reached.
No major spreads have been recorded and the max of just 1.8 pips took place yesterday at 11 PM GMT.
I’m Celeste Skinner and this was the main Spike controller for Wednesday. If you are in doubt about any of your trades, click back for the hourly updates.
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