The Dukascopy TV team continues its quest for fair market conditions with the Spike Controller for Wednesday.
All three averages are slightly above the point 3 pip level for the Euro/Dollar. Peak separation of 1.1 pips was posted during the past 4 hours.
The pair rose by a total of point 66% or 81 pips, before retreating slightly from the high of 1 2393.
Euro Zone GDP data run hasn’t had any significant influence on the spreads, but German numbers did send both of the sides 1.1 pips apart today at 7 AM.
The Cable’s daily average spread is point 88 pips and maximum gap has been 2.6 pips.
Pound/Dollar has seen its trend change and the biggest move was a decline of point 53% or 74 pips.
Spreads were slightly bumpy yesterday at 11 PM GMT, but 2.6 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 39 and 1 pip respectively.
Buck took a sharp slide against the Yen today as it lost almost 1% or more than 100 pips in less than 4 hours.
Despite the volatile rate movement, spreads have been relatively calm, peaking at 1 pip yesterday at 12:21 PM.
I’m _____________ and this was the Spike Controller for Wednesday. Bye for now.

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