A new trading week is underway and Dukascopy Forex News Team brings you yet another Spike Controller, so you could assess the fairness of your broker.
Point 33 pips is the long term average spread for the Euro/Dollar. Max separation of point 6 pips was posted less than 4 hours ago.
The pair has moved South from the high of 1 1819, declining by a total of point 32% or 38 pips.
Start of the week has been calm in terms of spreads as the biggest separation was only point 6 pips.
Pound/Dollar’s long term average is slightly below the 1 pip level and maximum spread has been 2 pips.
Trend has been changing and daily volatility of 44 pips was posted as the pair declined by point 33%.
Spreads were slightly elevated yesterday at 11:47 PM GMT, but 2 pips is the line that shouldn’t have been crossed.
And last up is the Dollar/Yen, which has a daily average spread of point 32 pips. Maximum separation is just 1 pip and it took place during the past 4 hours.
A single trend hasn’t formed here and the biggest move is a decline of point 38% or 43 pips.
There have been no significant separations as 1 pip has been the biggest gap between the bid and the ask sides so far this week.
I’m Kiays Khalil and that`s it for Monday`s Spike controller. Goodbye for now.

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