It’s Monday and it’s time for the primary Dukascopy Spike controller.
Euro/Dollar’s long-term average spread is point 36 pips and the daily max is 1 pip, which occured in the last 4 hours. The pair has lost point 48% or 57 pips, reaching the low of 1 1880. Spreads were at their highest seconds before 8 AM this morning when the German Ifo Business Sentiment was released, however, 1 pip is the line that should not have been crossed.
Pound/Dollar has a daily average spread of point 93 pips and a max of 2.3 pips. The cable has gained point 65% or 87 pips, hitting the high of 1 3571. The maximum spread was reached at 11 PM yesterday, but 2.3 pips is the most you should have been charged.
And Dollar/Yen is next, with an average and maximum spread of point 35 pips and point 9 pips respectively. The cross has lost point 52% or 59 pips, hitting the low of 111 94. Spreads peaked at 11.53 PM yesterday, but point 9 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 check back in for the hourly updates.

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