You’re watching the Main Dukascopy Spike Controller for Wednesday.
A quarter of a pip is the long term average spread for the Euro/Dollar. Both of the sides were 1.4 pips apart yesterday and they separated by 1.2 pips less than an hour ago.
Daily high and low difference of 69 pips was posted as the rate declined by point 61% to hit the low of 1 1182.
News reports don’t match the times of the peak spreads – 1.4 pips were posted yesterday at 12:39 PM and 1.2 pips today shortly after 9 o’clock.
The Cable’s spreads have averaged at point 89 pips during the last 24 hours, peaking at 3.8 pips during the last 4 hours.
Pound/Dollar has been on a rise, gaining point 71% or 92 pips to reach the daily high of 1 3031.
Spreads were at their highest point today at 8:05 in the morning, but the max of 3.8 pips lasted just a single tick.
Last up is the Dollar/Yen, which has long term average and maximum spreads of point 38 and 1.4 pips respectively.
Greenback has been on a rise against the Yen, gaining point 63% or 63 pips as the pair heads towards the 101 level.
Preliminary US consumer confidence sent the spreads slightly higher yesterday at 2 PM GMT, but you shouldn’t’ have seen a separation bigger than 1.4 pips.
I’m Celeste Skinner and you’ve been watching the Primary Spike Controller for Wednesday. Check back in throughout the day for the latest updates.

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