Weekend is just around the corner now, but don’t let your guard down and keep checking your broker’s fairness by watching the Dukascopy Spike Controller.
The average daily spread is point 33 pips for the Euro/Dollar. Maximum separation has been 1.9 pips.
Single currency took a slide towards the 1 20 level as the pair depreciated by a total of 1.19% or 145 pips.
Spreads were slightly bumpy yesterday at 11:45 AM during the ECB monetary policy announcement, but you shouldn’t have seen a separation bigger than 1.9 pips.
The Cable’s daily average spread is point 85 pips and both of the sides separated by 17.7 pips during the past 4 hours.
Pound/Dollar has plummeted by 1.47% or more than 200 pips to break through the 1 38 level.
A disappointing UK GDP report sent the Sterling sharply lower today at 8:30 AM and that’s the time of the peak spread, but 17.7 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 38 and 1.5 pips respectively.
Daily high and low difference is 44 pips and it was recorded as the pair advanced by point 4%.
Spreads have been mostly calm, peaking at 1.5 pips yesterday at a half past noon GMT during the US data run.
I’m Kiays Khalil and this was the Spike Controller for Friday.

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