24.07.2018 – Spike Controller by Dukascopy
July 24, 2018 10:58 amVideo
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Keep your broker in check with Tuesday’s Spike Controller brought to you by the Dukascopy Forex TV Team.
Spreads have averaged at point 36 pips during the past 24 hours for the Euro/Dollar. Peak separation of 1.4 pips was posted during the past 4 hours.
The pair has been trending lower, declining by a total of point 62% or 73 pips.
Spreads have been mostly calm, both of the sides moved by 1.4 pips apart today at 7:30 in the morning.
The Cable’s daily average spread is point 87 pips and maximum separation has been 2.1 pips.
Pound/Dollar has depreciated by a total of point 59% or 78 pips to hit the daily low of 1 3071.
Spreads were slightly elevated yesterday at 2 PM GMT as the US existing home sales stats were out, but 2.1 pips is the line that shouldn’t have been crossed.
And last up is the Dollar/Yen, which has long term average and maximum spreads of point 44 and point 7 pips respectively.
Trend has shifted for this pair and the biggest move was a rise of point 44% or 49 pips.
Spreads have been relatively narrow, peaking at only point 7 pips yesterday minutes before midnight.
I’m Kiays Khalil and that’s the situation so far. Thanks for watching and do click back for more.
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