It’s time for another edition of the Dukascopy Spike Controller, where we take a closer look at the spread levels for 3 non-cross majors.
Euro/Dollar’s spreads have averaged at point 29 pips during the past 24 hours, peaking at point 9 pips.
The pair has been heading up, gaining point 58% or 69 pips to hit the daily high at just 5 pips below the 1 20 level.
No major spreads have been recorded and peak of just point 9 pips took place almost 24 hours ago.
The Cable’s daily average spread is point 77 pips and both of the sides separated by 3.2 pips during the past 4 hours.
Pound/Dollar rose by a total of point 77% or 102 pips, but most of the gains were given up after the daily high was reached.
The rate was moving sharply lower as the UK employment report was released today at 8:30 and that’s the time of the peak spread, but 3.2 pips is the most you should have been charged.
Last up is the Dollar/Yen, which has long term average and maximum spreads of point 29 and 1.3 pips respectively.
The pair has appreciated by point 57% or 62 pips to hit the daily high at 110 29.
Spreads have been mostly calm during the past 24 hours, max of just 1.3 pips was posted yesterday at 5:10 PM.
I’m Celeste Skinner and that concludes the Primary Spike Controller for Wednesday, but these stats are updated on an hourly basis, so stay with us.

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