It’s time for Tuesday’s Dukascopy Spike Controller. Let’s take a look at the average and peak spread levels for the three non-cross majors. Euro/Dollar’s daily average spread is point 36 pips and peak separation of 1 and a half pips was posted during the past 4 hours. The pair moved sharply South from the high of 1 2472, declining by almost 1% or 121 pips as the daily low was hit. Sharp decline has had no major influence on the spreads, peak of 1.5 pips took place today at 8:18 as the pair recovered from the daily low. The Cable’s long term average spread is point 91 pips and both of the sides were 3.6 pips apart less than 4 hours ago. Pound/Dollar took a sharp slide from the high of 1 4133, dropping by 1.38% or almost 200 pips. Spreads were slightly elevated today at 8:10 in the morning, but you shouldn’t have seen a separation bigger than 3.6 pips. And last up is the Dollar/Yen, which has long term average and maximum spreads of point 41 and 3.6 pips respectively. Daily high and low difference is 181 pips and it was recorded as the pair plummeted by 1.64%. US ISM Services PMI release has had the most pressure on the spreads for this pair, but 3.6 pips is the line that shouldn’t have been crossed. I’m Kiays Khalil and this was the Spike Controller for Tuesday.
It’s time for Tuesday’s Dukascopy Spike Controller. Let’s take a look at the average and peak spread levels for the three non-cross majors.
Euro/Dollar’s daily average spread is point 36 pips and peak separation of 1 and a half pips was posted during the past 4 hours.
The pair moved sharply South from the high of 1 2472, declining by almost 1% or 121 pips as the daily low was hit.
Sharp decline has had no major influence on the spreads, peak of 1.5 pips took place today at 8:18 as the pair recovered from the daily low.
The Cable’s long term average spread is point 91 pips and both of the sides were 3.6 pips apart less than 4 hours ago.
Pound/Dollar took a sharp slide from the high of 1 4133, dropping by 1.38% or almost 200 pips.
Spreads were slightly elevated today at 8:10 in the morning, but you shouldn’t have seen a separation bigger than 3.6 pips.
And last up is the Dollar/Yen, which has long term average and maximum spreads of point 41 and 3.6 pips respectively.
Daily high and low difference is 181 pips and it was recorded as the pair plummeted by 1.64%.
US ISM Services PMI release has had the most pressure on the spreads for this pair, but 3.6 pips is the line that shouldn’t have been crossed.
I’m Kiays Khalil and this was the Spike Controller for Tuesday.
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