The Dukascopy Forex TV team is back with Monday’s Primary Spike Controller so you may check the quality of your broker’s price feed. I’m Ben Jones
The first pair for this report is the Euro/Dollar with the long-term average and maximum spreads of point 37 and 2 pips, respectively.
The last 24 hours have been mostly bearish for this pair, as it went down by point 76% or 96 pips, reaching the lowest point at 1 2482.
Spreads were higher than usual after 11:12 yesterday evening, but the daily peak did not exceed just 2 pips.
We move on to the Cable, which has the long term average spread of 1.44 pips. Both of the sides were 3.3 pips apart yesterday.
Pound/Dollar gained some ground yesterday, but it was followed by a sharp decline of point 75% or 118 pips.
The maximum spread of 3.3 pips was recorded shortly after 11 PM yesterday.
Spreads were elevated for a number of ticks, but 3.3 pips is the most you should have seen.
Last up is the Dollar/Yen, and its daily average spread is point 53 pips, maxing out at 3.2 pips.
This pair moved South earlier today, losing a notable 1.38% or 161 pips from its peak of 117 06, but it has since recovered some ground.
The daily max was reached after 1:11 this morning, but at no point did it go above 3.2 pips.
So that’s the situation so far, but these stats will be updated throughout the day, so check back.

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