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Spreads have averaged slightly above the point 3 pip mark in all three time scales for the Euro/Dollar. Maximum separation has been 2 pips.
Past 24 hours have been bearish for this pair, it has declined by point 55% or 68 pips.
Spreads have been mostly calm – the biggest gap of 2 pips took place yesterday at 4:21 PM and it lasted just a single tick.
Next up is the Cable, which has long term average and maximum spreads of point 9 and 3.3 pips respectively.
Rate movement has been calmer than usual, the biggest move is an increase of point 41% or 57 pips.
Spreads were slightly bumpy yesterday at a quarter past 1 PM as US ADP employment report was out, but you shouldn’t have seen a separation bigger than 3.3 pips.
And last up is the Dollar/Yen, which has a daily average of point 41 pips. Maximum separation has been 2.2 pips.
Daily high and low difference is 72 pips and it was posted as the pair rose by point 68%.
US ADP employment report has had the most pressure on the spreads here as well, but 2.2 pips is the most you should have been charged.
I’m Kiays Khalil and you’ve been watching the Dukascopy Spike Controller for Thursday. Stay vigilant and bye for now.

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