Keep your broker on a short leash and check their price feed with the Dukascopy Spike Controller.
All three average spreads are slightly above the point 3 pip mark for the Euro/Dollar. Peak separation has been 1 and a half pips.
The pair gained point 47% or 55 pips as it broke through the 1 17 level.
Spreads were slightly bumpy as the US ADP employment was out, but 1.5 pips is the biggest gap you should have seen.
Pound/Dollar’s long term average and maximum spreads are point 82 and 3.6 pips respectively.
The Cable dropped by point 54% or 72 pips to hit the daily low just pips above the 1 32 level.
Spreads were sent slightly up by the US employment report here as well, but 3.6 pips is the line that shouldn’t have been crossed.
And last up is the Dollar/Yen, which has daily average spread of point 56 pips. Max separation has been 2 and a half pips.
Rate movement has been calm, the biggest move is a decline of point 23% or 26 pips.
US ADP employment report has had the most pressure on the spreads for this pair too, but 2.5 pips is the most you should have been charged.
I’m Jack Everitt and this was the Spike Controller for Friday.

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