The Dukascopy TV team continues its ongoing quest for fair market conditions with the Main Spike Controller. Euro/Dollar’s average and peak long-term spreads stand at point 28 and 2.3 pips, respectively. The pair has seen its ups and downs, but the single biggest move was a gradual gain of point 61% or 71 pips. The latest US Retail Sales data were out at half past noon yesterday, and spreads peaked at 2.3 pips just ahead of the release. The Cable’s long-term average reaches point 68%, and the daily max of 5.1 pips was reached within the last 4 hours. The pair shot up this morning, gaining a total of point 49% or 63 pips, although it has since inched lower. The latest UK labour report shook up this pair at half past 8 this morning. Both sides separated by 5.1 pips, but they soon moved back closer together. And the last pair for this report is the Dollar/Yen with the average and peak spreads of point 34 and 3.9 pips, respectively. The rate movement has been bumpy but bullish as the pair has gained a total of point 53% or 58 pips from its opening level at 110 37. Once again, the daily peak was posted as US retail sales came out, but 3.9 pips is as high as they went. I’m Kiays Khalil and this was the Primary Spike Controller for Wednesday. Check back in throughout the day if you have any doubts about your trades.
The Dukascopy TV team continues its ongoing quest for fair market conditions with the Main Spike Controller.
Euro/Dollar’s average and peak long-term spreads stand at point 28 and 2.3 pips, respectively.
The pair has seen its ups and downs, but the single biggest move was a gradual gain of point 61% or 71 pips.
The latest US Retail Sales data were out at half past noon yesterday, and spreads peaked at 2.3 pips just ahead of the release.
The Cable’s long-term average reaches point 68%, and the daily max of 5.1 pips was reached within the last 4 hours.
The pair shot up this morning, gaining a total of point 49% or 63 pips, although it has since inched lower.
The latest UK labour report shook up this pair at half past 8 this morning.
Both sides separated by 5.1 pips, but they soon moved back closer together.
And the last pair for this report is the Dollar/Yen with the average and peak spreads of point 34 and 3.9 pips, respectively.
The rate movement has been bumpy but bullish as the pair has gained a total of point 53% or 58 pips from its opening level at 110 37.
Once again, the daily peak was posted as US retail sales came out, but 3.9 pips is as high as they went.
I’m Kiays Khalil and this was the Primary Spike Controller for Wednesday. Check back in throughout the day if you have any doubts about your trades.
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