Stay on top of your trades by watching the Dukascopy Spike Controller, providing you with the benchmark interbank price data for Wednesday.
Euro/Dollar’s spreads have averaged at point 33 pips during the past 24 hours, peaking at 2.2 pips during the past 4 hours.
The pair has been on a slide, dropping by more than 1% or 129 pips to hit the daily low just a couple of pips below the 1 17 level.
Spreads were slightly bumpy today at 7:30 in the morning as the German Flash PMI was out, but 2.2 pips is the line that shouldn’t have been crossed.
Next up is the Cable, which has long term average of point 85 pips. Both of the sides were 4.1 pips apart less than 4 hours ago.
Pound/Dollar has plummeted by 1% or 135 pips to hit the daily low of 1 3346.
It was busy with UK data reports today at 8:30 in the morning and that’s the time of the peak spread, but 4.1 pips is the most you should have been charged.
And last up is the Dollar/Yen, which has a daily average spread of point 34 pips. Peak separation has been a single pip.
High and low chart shows bearish pattern for this pair, it’s down by 1.37% or 152 pips.
Despite the volatile rate movement, spreads have been mostly narrow, peaking at just 1 pip.
I’m Jack Everitt and that’s it for Wednesday’s report. Goodbye for now.

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