Dukascopy Forex TV Team is back with the Spike Controller, so you could make sure your broker is staying honest on this week’s final trading day.
Point 28 pips is the long term average spread for the Euro/Dollar. Maximum separation has been 1.4 pips.
Past 24 hours have been Euro bearish, the pair has declined by point 68% or 80 pips to hit the low of 1 1686.
Spreads were slightly elevated yesterday at a half past noon GMT during the US data run, but 1.4 pips is the line that shouldn’t have been crossed.
The Cable’s long term average and maximum spreads are point 74 and 3.9 pips respectively.
Pound/Dollar has been on a slide, dropping by more than 1% or 137 pips as the pair moves towards the 1 30 level.
US data run sent the spreads higher yesterday at 12:30 PM here as well, but 3.9 pips is the most you should have been charged.
And last up is the Dollar/Yen, which has a daily average of point 29 pips. Peak separation has been 1 and a half pips.
Greenback rose against the Yen by a total of point 6% or 67 pips to reach the high slightly above the 113 level.
Spreads were slightly up yesterday at a half past noon GMT here as well, but the max separation has been only 1.5 pips.
I’m Jessica Walker and you’ve been watching the Spike Controller for Friday. Goodbye for now.

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