Don’t let your broker take you for a ride on this week’s last trading day by watching the Dukascopy Spike Controller. Euro/Dollar’s daily average spread is point 35 pips. Maximum separation has been one and a half pips. The pair has moved sharply lower by almost 1% or 109 pips to hit the daily low of 1 1622. Spreads were at their highest point yesterday at 12:54 PM as the pair moved South, but 1.5 pips is the most you should have been charged. Next up is the Cable, which has long term average and maximum spreads of point 84 and 2.4 pips respectively. Past 24 hours have been bearish for this pair, it has dropped by point 84% or 111 pips. Spreads were bumpy yesterday at a quarter to noon during the ECB monetary policy announcement, but anything far above the max of 2.4 pips should be questioned. And last up is the Dollar/Yen, which has a daily average spread of point 37 pips. Peak separation has been 1.4 pips. The pair rose yesterday by a total of point 42% or 47 pips to hit the daily high of 111 25. US data run sent the spreads slightly up yesterday at a half past noon GMT, but 1.4 pips is the biggest gap you should have seen. I’m Kiays Khalil and that’s it for Friday’s Spike Controller. Bye for now.
Don’t let your broker take you for a ride on this week’s last trading day by watching the Dukascopy Spike Controller.
Euro/Dollar’s daily average spread is point 35 pips. Maximum separation has been one and a half pips.
The pair has moved sharply lower by almost 1% or 109 pips to hit the daily low of 1 1622.
Spreads were at their highest point yesterday at 12:54 PM as the pair moved South, but 1.5 pips is the most you should have been charged.
Next up is the Cable, which has long term average and maximum spreads of point 84 and 2.4 pips respectively.
Past 24 hours have been bearish for this pair, it has dropped by point 84% or 111 pips.
Spreads were bumpy yesterday at a quarter to noon during the ECB monetary policy announcement, but anything far above the max of 2.4 pips should be questioned.
And last up is the Dollar/Yen, which has a daily average spread of point 37 pips. Peak separation has been 1.4 pips.
The pair rose yesterday by a total of point 42% or 47 pips to hit the daily high of 111 25.
US data run sent the spreads slightly up yesterday at a half past noon GMT, but 1.4 pips is the biggest gap you should have seen.
I’m Kiays Khalil and that’s it for Friday’s Spike Controller. Bye for now.
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