Keep your broker in check with Thursday’s Primary Dukascopy Spike Controller. Euro/Dollar’s long term average spread is point 35 pips and the daily max is 7.2 pips. The pair has lost 1.45% which translates to a huge drop of 174 pips. Spreads were at their highest at 6 PM yesterday at the same time the US Federal Reserve delivered their monetary policy statement, but 7.2 pips is the line that shouldn’t have been crossed. Pound/Dollar has a daily average spread of point 93 pips, and a max of 7.1 pips. The cable has lost 1.52% or a large 207 pips, hitting the low of 1 3452. Peak separation was again at the same time as the Fed’s monetary policy statement at 6PM yesterday, but you should not have been charged more that 7.1 pips. And last for this overview is Dollar/Yen, which has a daily average and maximum of point 37 pips and 5.7 pips respectively. This par has actually gained 1.45% or 161 pips, boosted by the Fed’s rate decision. Nonetheless, 5.7 pips is the biggest gap you should have seen. I’m Celeste Skinner and that’s the situation so far, but it is bound to change, so be sure to keep checking back for all of the latest updates.
Keep your broker in check with Thursday’s Primary Dukascopy Spike Controller.
Euro/Dollar’s long term average spread is point 35 pips and the daily max is 7.2 pips. The pair has lost 1.45% which translates to a huge drop of 174 pips. Spreads were at their highest at 6 PM yesterday at the same time the US Federal Reserve delivered their monetary policy statement, but 7.2 pips is the line that shouldn’t have been crossed.
Pound/Dollar has a daily average spread of point 93 pips, and a max of 7.1 pips. The cable has lost 1.52% or a large 207 pips, hitting the low of 1 3452. Peak separation was again at the same time as the Fed’s monetary policy statement at 6PM yesterday, but you should not have been charged more that 7.1 pips.
And last for this overview is Dollar/Yen, which has a daily average and maximum of point 37 pips and 5.7 pips respectively. This par has actually gained 1.45% or 161 pips, boosted by the Fed’s rate decision. Nonetheless, 5.7 pips is the biggest gap you should have seen.
I’m Celeste Skinner and that’s the situation so far, but it is bound to change, so be sure to keep checking back for all of the latest updates.
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