01.12.2017 – Spike Controller by Dukascopy
December 1, 2017 12:29 pmVideo
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Weekend is just around the corner now, but don’t let your guard down and keep checking your broker’s fairness by watching the Dukascopy Spike Controller.
Euro/Dollar’s daily average spread is point 28 pips and maximum separation has been 1.3 pips.
The pair has advanced towards the 1 20 level, gaining 1.12% or 132 pips.
Euro Zone data run sent the spreads slightly higher yesterday at 10 AM, but 1.3 pips is the line that shouldn’t have been crossed.
Next up is the Cable, which has a daily average of point 77 pips. Both of the sides were 4.2 pips apart during the past hour.
Pound/Dollar gained a total of point 88% or 118 pips, but some of the gains were given up after the high of 1 3550 was reached.
UK Manufacturing PMI was released today at 9:30 and that’s the time of the peak spread, but make sure your broker hasn’t charged you more than 4.2 pips.
And last up is the Dollar/Yen, which has long term average and maximum spreads of point 28 and 1.4 pips respectively.
Yesterday’s drop was followed by a sharp rise as the pair gained point 86% or 96 pips.
Spreads were slightly elevated yesterday at 1:30 PM GMT during the US data run, but the maximum separation was only 1.4 pips.
I’m ____________ and this was the Spike Controller for Friday.
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