It’s time for this week’s last primary Spike Controller, providing you with the benchmark interbank price data for the 3 non-cross majors.
Euro/Dollar’s long term average and maximum spreads are point 37 and 1.1 pips respectively.
The pair has been moving gradually lower from the high of 1 0676, declining by a total of point 44% or 47 pips.
Just like the rate movement, spreads have been calm as well, max of 1.1 pips took place yesterday at 1:51 PM GMT.
The Cable’s daily average spread is point 76 pips and both of the sides were 3.1 pips apart less than 4 hours ago.
Pound/Dollar took a slide from the high of 1 2506 and the pair has declined by point 69% or 86 pips.
UK trade balance and industrial production both were out today at 8:30 and that’s the time of the peak spread, but you shouldn’t have been charged more than 3.1 pips.
Last up is the Dollar/Yen, which has a daily average of point 29 pips. Maximum spread has been 1.6 pips and both of the sides were 1.2 pips apart during the past 4 hours.
Long term high and low difference is 101 pips and it was posted as the pair declined by almost 1%.
Max spread of 1.6 pips took place today shortly after 2 AM and both of the sides were 1.2 pips apart at 6:09 AM.
I’m Jessica Walker and this brings Friday’s main Spike Controller to an end. If you are in doubt about any of your trades, click back for the hourly updates.

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