The trading week may be coming to an end, but don’t let your guard down and compare your broker’s price feed with the Spike Controller.
Euro/Dollar’s average and peak long time spreads stand at point 29 and 1.7 pips, respectively.
This pair saw a drop this morning, losing point 57% or 67 pips from its highest point at 1 1858.
Spreads were at their highest after 10:23 yesterday morning, but 1.7 pips is as high as they went.
Next up is the Cable with the average and peak long-term spreads of point 76 and 3.8 pips, respectively.
The last 24 hours have been bearish for this pair, as it’s lost point 92% or 121 pips, but it’s since recovered from the daily low at 1 3088.
A number of news releases were out at half past noon yesterday, and spreads peaked at 3.8 pips as the data came out.
And Dollar/Yen’s long-term average spread reaches point 28 pips, maxing out at 1.8 pips.
This pair has been steadily trending higher, gaining more than 1% or 118 pips and peaking at 113 47.
Still, trading has been calm, and the daily max of 1.8 pips was reached after 7:55 yesterday afternoon.
I’m ____ and this was the Primary Spike Controller for Friday. Stay with us for the latest in forex markets.

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