Dukascopy Spike Controller continues its quest to promote a fair trading environment. Here’s a look at the benchmark interbank price stats over the last 24 hours.
Point 3 pips is the long term average spread for the Euro/Dollar. Maximum separation has been 1.6 pips.
The pair has made a move towards the 1 15 level, gaining point 88% or 100 pips.
Past 24 hours have been relatively calm in terms of spread levels, both of the sides were 1.6 pips apart yesterday at 5:35 PM GMT.
The Cable’s long term average spread is point 79 pips and both of the sides were 3.2 pips apart during the past 4 hours.
Pound/Dollar has moved sharply South of the 1 2923 level, dropping by point 86% or 111 pips.
UK labour report was released today at 8:30 in the morning and that’s the time of the peak daily spread, but 3.2 pips is the line that shouldn’t have been crossed.
And last up is the Dollar/Yen, which has long term average and maximum spreads of point 33 and 1.1 pips respectively.
The pair has lost more than 1% in a sharp decline as it hit the daily low of 113 32.
Spreads have been mostly narrow, max of just 1.1 pips was recorded yesterday at 5:34 PM.
I’m Celeste Skinner and that’s all for this edition of Primary Spike Controller, but you can continue monitoring the quality of your price feed with the hourly updates.

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