We’re halfway through the trading week and you’re watching the Dukascopy Spike Controller.
Euro/Dollar’s long term average spread is point 24 pips and both of the sides separated by 1 and a half pips during the past 4 hours.
Single currency has been on a bullish run, the pair broke through the 1 18 level as it gained 1.2% or 140 pips.
Spreads have been calmer than the rate movement, peak of only 1.5 pips took place just minutes before 8 AM.
The cable’s spreads have averaged at point 69 pips during the past 24 hours, peaking at 2.9 pips less than an hour ago.
Pound/Dollar gained almost 1% or 129 pips, before dropping from the high of 1 3215.
UK labour report shook up the spreads today at 9:30 in the morning, but 2.9 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 25 and 1.3 pips respectively.
Greenback has plummeted against the Yen by a total of point 99% or 113 pips to hit the low at 112 65.
Spreads have been mostly narrow here and the max of just 1.3 pips took place yesterday minutes before 5 PM.
I’m _____________ and that’s the situation so far on Wednesday.

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