Watch out for any spread manipulations on this week`s opening trading day by watching the Dukascopy Spike Controller.
Euro/Dollar’s long term average and maximum spreads are point 32 and point 8 pips respectively.
Start of the week has been relatively calm, the biggest move is a decline of point 31% or 36 pips.
Spreads have been equally calm, anything far above the max of point 8 pips should be questioned.
The Cable’s daily average spread is point 82 pips and peak separation has been 2.1 pips.
Pound/Dollar has shot up by a half a percent of 65 pips in a steep rise.
Spreads were elevated for a number of ticks yesterday at 11 PM GMT, but 2.1 pips is the most you should have been charged.
And last up is the Dollar/Yen, which has a daily average of point 41 pips. Peak spread has been a single pip.
The pair rose by point 65% or 74 pips, before giving up most of the gains after the high of 114 74 was reached.
No major separations have been recorded, peak of just 1 pip was posted yesterday at 11 PM GMT.
I’m Jessica Walker and that`s it for Monday’s Spike Controller report. Goodbye.

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