This is the Dukascopy Spike Controller for Monday with a look at the average and peak spread levels for the 3 non-cross majors.
Euro/Dollar’s long term average spread is point 4 pips and maximum separation has been 2.1 pips.
A single trend hasn’t formed so far this week and the biggest move is a decline of point 39% or 48 pips.
Spreads have been mostly calm, peaking at only 2.1 pips yesterday at 11 PM GMT.
The Cable’s daily average spread is point 96 pips and both of the sides separated by 5.2 pips yesterday.
Pound/Dollar has been trending slowly South, declining by a total of point 46% or 65 pips.
Spreads were slightly bumpy yesterday at 11 PM GMT here as well, but 5.2 pips is the most you should have been charged.
And last up is the Dollar/Yen, which has long term average and maximum spreads of point 58 and 1.5 pips respectively.
Daily high and low difference is 55 pips and it was posted as the pair advanced by point 51%.
No major separations have been recorded here, peak of just 1.5 pips was posted yesterday at 11 PM GMT.
I’m Louise Mc Cauley and that’s how things look at 10 AM GMT.

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