It’s a new trading week and Dukascopy Forex TV Team is back with yet another Spike Controller report.
Euro/Dollar’s long term average spread is point 37 pips and maximum separation of point 8 pips was posted less than 4 hours ago.
A single trend hasn’t formed so far today and the biggest move is a decline of point 34% or 41 pips.
No major separations have been recorded, max spread has been just point 8 pips.
The Cable’s long term average and maximum spreads are point 87 and 1.5 pips respectively.
Pound/Dollar has declined from the high of 1 3619 by a total of point 63% or 86 pips.
Spreads were slightly elevated yesterday minutes after 11 PM GMT, but 1.5 pips is the line that shouldn’t have been crossed.
Last up is the Dollar/Yen, which has a daily average spread of point 34 pips. Peak separation has been 1 and a half pips.
Greenback has gained some ground against the Yen, appreciating by a total of point 39% or 43 pips.
No major spreads have been recorded here as well, peak of only 1 and a half pips took place during the past 4 hours.
I’m Celeste Skinner and this wraps up this Monday’s 10 o’clock Spike Controller. Goodbye for now.

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