The Dukascopy TV continues its ongoing quest for fair market conditions with Wednesday’s Main Spike Controller. The first pair for this report is the Euro/Dollar with the average and peak long-term spreads of point 28 and 1.8 pips, respectively. The rate went down yesterday afternoon, losing point 61% or 73 pips from its daily peak at 1 1874. Spreads were at their highest after 1:55 yesterday afternoon, but 1.8 pips is as high as they went. The Cable’s spreads have averaged at point 79 pips over the last 24 hours, peaking at 3.4 pips. Pound/Dollar started trending South yesterday afternoon, and so far it’s lost a total of point 61% or 82 pips. 3.4 pips was the daily max spread, and it was posted at 11 o’clock yesterday afternoon. And Dollar/Yen’s long-term average spread reaches point 37 pips, peaking at 1.8 pips. This pair has also seen a decline, as it’s lost point 78% or 88 pips from its daily peak at 112 87. US ISM Non-Manufacturing PMI was out at 3 PM yesterday, and spreads peaked at 1.8 pips as the data came out. I’m Jack Everitt and this was the Primary Spike Controller. Check back in for the latest data to keep your broker on a short leash.
The Dukascopy TV continues its ongoing quest for fair market conditions with Wednesday’s Main Spike Controller.
The first pair for this report is the Euro/Dollar with the average and peak long-term spreads of point 28 and 1.8 pips, respectively.
The rate went down yesterday afternoon, losing point 61% or 73 pips from its daily peak at 1 1874.
Spreads were at their highest after 1:55 yesterday afternoon, but 1.8 pips is as high as they went.
The Cable’s spreads have averaged at point 79 pips over the last 24 hours, peaking at 3.4 pips.
Pound/Dollar started trending South yesterday afternoon, and so far it’s lost a total of point 61% or 82 pips.
3.4 pips was the daily max spread, and it was posted at 11 o’clock yesterday afternoon.
And Dollar/Yen’s long-term average spread reaches point 37 pips, peaking at 1.8 pips.
This pair has also seen a decline, as it’s lost point 78% or 88 pips from its daily peak at 112 87.
US ISM Non-Manufacturing PMI was out at 3 PM yesterday, and spreads peaked at 1.8 pips as the data came out.
I’m Jack Everitt and this was the Primary Spike Controller. Check back in for the latest data to keep your broker on a short leash.
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