As usual, you can check your broker’s price feed quality by watching the primary Dukascopy Spike Controller.
Spreads have averaged at point 29 pips during the past 24 hours for the Euro/Dollar, peaking at 2.9 pips yesterday.
High and low chart shows bullish pattern, the pair has gained point 51% or 58 pips to reach the high of 1 1370.
US FOMC Meeting Minutes release sent the spreads slightly up yesterday at 6 PM GMT, but 2.9 pips is the biggest gap you should have seen.
The Cable’s daily average spread is point 73 pips and both of the sides were 2.4 pips apart yesterday.
Past 24 hours have been bullish for the Pound/Dollar, the pair has gained point 65% or 84 pips to reach the high of 1 2984.
Spreads were sent higher by the FOMC minutes here as well, but 2.4 pips is the line that shouldn’t have been crossed.
And wrapping up this report is the Dollar/Yen, which has long term average and maximum spreads of point 31 and 2.5 pips respectively.
Trend has changed here and the biggest move is a decline of point 7% or 80 pips.
Spreads were slightly elevated yesterday during the publication of the FOMC meeting minutes, but make sure your broker hasn’t charged you more than 2 and a half pips.
I’m Jessica Walker and that’s it for now. Keep your broker on a short leash by clicking back for the hourly updates.

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