The Dukascopy TV team continues its quest for fair market conditions with the Spike Controller for Wednesday. Euro/Dollar’s long term average spread is point 37 pips and both of the sides were point 8 pips apart during the past 4 hours. The pair has moved sharply lower during recent hours as it declined by point 44% or 51 pips. Spreads were slightly bumpy today as the German Services PMI was out, but the max separation was just point 8 pips. Next up is the Cable, which has a daily average of point 86 pips. Maximum separation has been 5.7 pips. Pound/Dollar has been trending up, gaining point 54% to post the daily volatility of 71 pips. The publication of the UK Services PMI sent the spreads up today at 8:30, but 5.7 pips is the biggest gap you should have seen. And last up is the Dollar/Yen, which has long term average and maximum spreads of point 45 and point 8 pips respectively. The pair has been moving South, depreciating by a total of point 59% or 66 pips. Spreads have been relatively calm, peaking at just point 8 pips yesterday at 2 PM as the US Factory Orders stats were out. I’m Jack Everitt and this was the Spike Controller for Wednesday. Bye for now.
The Dukascopy TV team continues its quest for fair market conditions with the Spike Controller for Wednesday.
Euro/Dollar’s long term average spread is point 37 pips and both of the sides were point 8 pips apart during the past 4 hours.
The pair has moved sharply lower during recent hours as it declined by point 44% or 51 pips.
Spreads were slightly bumpy today as the German Services PMI was out, but the max separation was just point 8 pips.
Next up is the Cable, which has a daily average of point 86 pips. Maximum separation has been 5.7 pips.
Pound/Dollar has been trending up, gaining point 54% to post the daily volatility of 71 pips.
The publication of the UK Services PMI sent the spreads up today at 8:30, but 5.7 pips is the biggest gap you should have seen.
And last up is the Dollar/Yen, which has long term average and maximum spreads of point 45 and point 8 pips respectively.
The pair has been moving South, depreciating by a total of point 59% or 66 pips.
Spreads have been relatively calm, peaking at just point 8 pips yesterday at 2 PM as the US Factory Orders stats were out.
I’m Jack Everitt and this was the Spike Controller for Wednesday. Bye for now.
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