Make sure your broker is staying honest by watching the Primary Spike Controller brought to you by the Dukascopy Forex TV Team. I’m Sinead MacLaughlin.
Euro/Dollar’s spreads have averaged at point 28 pips during the last 24 hours, peaking at 1 and a half pips.
Last 24 hours have been bearish for this pair, it has declined by more than 1% or 134 pips.
Spreads have been mostly calm and the peak of only 1.5 pips took place yesterday at 2 PM GMT as the US existing home sales data was released.
The Cable’s daily average spread is point 99 pips and maximum separation has been 2.4 pips.
Pound/Dollar has moved South by a total of point 57% or 89 pips to hit the low of 1 5461.
Spreads were slightly elevated yesterday as the US existing home sales data was out, but 2.4 pips is the biggest gap you should have seen.
Dollar/Yen’s daily average and maximum spreads are point 43 and 3.9 pips respectively.
The rate has moved sharply down during the last 4 hours and the total loss measures at point 73% or 88 pips.
Just like for the other two pairs, US existing home sales has had the most pressure on the spreads here as well, but anything far above the max of 3.9 pips shouldn’t be tolerated.
That concludes the Main Spike Controller for Tuesday. Stay tuned throughout the day for the very latest updates of these stats.

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