The Dukascopy TV team continues its quest for fair market conditions with the Main Spike Controller for Wednesday.
And we start with the most popular currency pair, the Euro/Dollar, which has the average and peak spreads of point 29 and 1.3 pips, respectively.
This pair has had a bearish day, as it has lost point 73% or 86 pips over the last 24 hours, but trading still has been calm, and the daily peak of 1.3 pips was reached at 4:36 yesterday afternoon.
The Cable’s long-term average reaches point 74 pips, while the daily max stands at 1.7 pips.
Pound/Dollar has also been trending lower, losing point 82% or 110 pips from its opening level at 1 3474.
And once again spreads peaked at 4:36 yesterday, but 1.7 pips is as high as they went.
And finally there’s the Dollar/Yen with the average and peak spreads of point 3 and 3.2 pips, respectively.
Dollar/Yen, on the other hand, is on the rise, having gained 1.15% or 128 pips from its lowest point at 111 68.
Spreads peaked after 4:35 yesterday afternoon, but the peak of 3.2 pips did not last longer than one tick.
I’m ____ and this was the Primary Spike Controller. Stay tuned for the hourly updates.

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