03.01.2018 – Spike Controller by Dukascopy
January 3, 2018 10:29 amVideo
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Dukascopy Forex News Team is back with the Spike Controller for Wednesday, so you could check the fairness of your broker.
Euro/Dollar’s long term average spread is point 28 pips and both of the sides separated by 1 pip yesterday.
The pair has given up some of the recent gains, declining by point 46% or 55 pips, but it has remained above the 1 20 level.
Spreads were just slightly bumpy yesterday after 11 PM GMT, but 1 pip is the biggest gap you should have seen.
Next up is the Cable, which has a daily average of point 81 pips. Peak of 2.1 pips was posted during the past hour.
Pound/Dollar has climbed higher, appreciating by a total of point 54% or 73 pips to hit the high of 1 3613.
UK Construction PMI data was released today at 9:30 in the morning and that’s the time of the peak spread, but 2.1 pips is the most you should have been charged.
And last up is the Dollar/Yen, which has long term average and maximum spreads of point 4 and 1.8 pips respectively.
The pair has moved slowly up, gaining point 3% or 34 pips, rising further above the 112 level.
Spreads have been mostly narrow, peaking at just 1.8 pips yesterday at 11 PM GMT.
I’m Jack Everitt and this brings Wednesday’s Spike Controller to an end.
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