Don`t let your guard down on this week`s last trading day and keep checking your broker`s fairness by watching the primary Dukascopy Spike Controller. I`m Ben Jones.
Euro/Dollar’s long term average and maximum spreads are point 3 and 1.9 pips respectively.
Last 24 hours haven’t been particularly volatile for this pair, the biggest move is a decline of point 36% or 46 pips.
Spreads were slightly elevated yesterday at a quarter past 1 o`clock PM GMT during a decline, but you shouldn’t have seen a gap bigger than 1.9 pips.
The Cable’s averages are slightly above 1 pip in all three time ranges and peak spread of 6.4 pips was recorded during the last 4 hours.
Long term high and low difference of 67 pips was posted during a rise of point 42%, but the rate has moved sharply down during the last hour.
Preliminary UK GDP was released today at 8:30 in the morning and that’s the time of the peak daily spread.
Both of the sides separated during a rise, but you shouldn’t have paid more than 6.4 pips.
And last up for this overview is the Dollar/Yen, which has long term average and maximum spreads of point 29 and 1.7 pips respectively.
The rate moved sharply up yesterday, gaining point 87% or 93 pips to hit the high of 108 36.
Spreads were higher than usual for a while yesterday at a half past noon GMT, but make sure your broker hasn’t increased them artificially above the daily max of 1.7 pips.
This wraps up the main Spike Controller for Friday. As usual, hourly updates will be available throughout the day, so stay tuned.

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