10.01.2018 – Spike Controller by Dukascopy
January 10, 2018 10:34 amVideo
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You’re watching the Dukascopy Spike Controller, providing you with the benchmark interbank price data for Wednesday.
Euro/Dollar’s spreads have averaged at point 27 pips during the past 24 hours, peaking at 1 pip.
The pair has moved gradually up, gaining point 33% or 39 pips to hit the high of 1 1955.
Past 24 hours have been calm in terms of spreads, max of just 1 pip took place yesterday at 11 PM GMT.
All three averages are slightly above the point 7 pip level for the Cable. Max of 3 pips was posted less than an hour ago.
Pound/Dollar has declined from the high of 1 3543 by a total of point 37% or 50 pips.
UK trade balance and industrial production both were released today at 9:30 in the morning and that’s the time of the peak spread, but 3 pips is the most you should have been charged.
And last up is the Dollar/Yen, which has long term average and maximum spreads of point 28 and 1 pip respectively.
Greenback took a sharp slide against the Yen, dropping by more than 1% or 118 pips.
No major spreads have been recorded here, peak of just 1 pip took place yesterday at 11 PM GMT.
I’m Jessica Walker and that’s it for Wednesday’s Spike Controller report. Goodbye for now.
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