It`s Wednesday and you`re watching the Dukascopy Spike Controller, where we`ll provide you with the benchmark interbank price data.
Euro/Dollar’s long term average spread is point 27 pips and peak separation has been 2.2 pips.
Past 24 hours haven’t been volatile for this pair, biggest move is a rise of point 31% or 36 pips.
Spreads were slightly bumpy yesterday at 10 AM during the Euro Zone data run, but 2.2 pips is the most you should have been charged.
All three averages are slightly above the point 7 pip mark for the Pound/Dollar. Peak of 3.7 pips took place yesterday and both of the sides were 3.3 pips apart during the past hour.
The Cable has had a bullish run, gaining almost 1% or 123 pips to reach the high of 1 3322.
Spreads peaked at 3.7 pips yesterday at a half past noon GMT and UK Manufacturing PMI report sent them up to 3.3 pips today at 9:30.
And last up is the Dollar/Yen, which has long term average and maximum spreads of point 28 and 2.5 pips respectively.
The pair has been on a sharp rise, gaining point 71% or 80 pips to hit the daily high just pips above the 114 level.
The rate declined for a moment yesterday at a half past noon GMT and that’s the time of the peak spread, but 2.5 pips is the line that shouldn’t have been crossed.
I’m Kiays Khalil and this wraps up the Spike Controller for Wednesday. Goodbye for now.

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