It’s Wednesday, 19th of November and this is the primary Spike Controller where we`ll provide you with the benchmark interbank price data for the 3 non-cross majors. I`m Imogen Comrie.
Euro/Dollar’s long term average spread is point 3 pips. Spreads peaked at 5.8 pips yesterday and they were up to 3 and a half pips during the last hour.
Daily high and low difference of 47 pips was recorded as the rate moved North by point 38%.
Both of the sides were 5.8 pips apart yesterday at 10 AM during the German ZEW Survey release and spreads were up to 3.5 pips today at 9:30 in the morning.
Let’s move on to the Cable, which has a daily average of 1.21 pips. Spreads were up to 5.8 pips during the last hour.
Pound/Dollar’s long term high and low difference of 90 pips was recorded during a decline of point 57%, but last 4 hours have been bullish for this pair.
Spreads were elevated today at 9:30 AM as the Bank of England Meeting Minutes were released.
Both of the sides stayed separated for a while, but you shouldn’t have seen a gap bigger than 5.8 pips.
And wrapping up this report is the Dollar/Yen, which has long term average and maximum spreads of point 38 and 4.4 pips respectively.
Greenback has surged against the Yen, gaining slightly more than 1% or 125 pips to reach the high of 117 58.
Spreads were volatile yesterday at 10:13 AM, but you shouldn’t have been charged more than 4.4 pips.
That’s it for Wednesday’s main Spike Controller. These stats will be updated on an hourly basis, so stay tuned.

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