We’re halfway through the trading week and you’re watching the Dukascopy Spike Controller.
Euro/Dollar’s long term average spread is point 28 pips and biggest separation has been point 9 pips.
Past 24 hours have been calm in terms of rate movement, high and low difference measures at only 41 pips.
Spreads have been equally calm, not exceeding point 9 pips.
The Cable’s daily average is point 78 pips and both of the sides separated by 3.3 pips during the past 4 hours.
Pound/Dollar has moved sharply up, rising by point 78% or 102 pips to hit the daily high at 1 3212.
Spreads were slightly increased today at 8:30 as the Preliminary UK GDP was released, but 3.3 pips is the biggest gap you should have seen.
And last up is the Dollar/Yen, which has long term average and maximum spreads of point 3 and 1.3 pips respectively.
The pair has gained ground from the low of 113 54, appreciating by a total of point 63% or 71 pips.
Past 24 hours have brought no significant shake-ups for the spreads, peak of only 1.3 pips took place yesterday at 5:24 PM.
I’m Jessica Walker, and that’s all for Wednesday’s edition of the Spike Controller.

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