It’s Wednesday and this is the Spike Controller brought to you by the Dukascopy Forex TV Team. All three averages are slightly above the point 3 pip mark for the Euro/Dollar. Peak separation has been 1.9 pips. The pair has recovered from the low of 1 1519, gaining point 81% or 93 pips. Spreads have been relatively narrow, peaking at only 1.9 pips almost 24 hours ago. The Cable’s long term average spread is point 95 pips and maximum has been 2.3 pips. Trend has been changing for the Pound/Dollar and the biggest move is a decline of point 53% or 71 pips. Spreads were slightly bumpy yesterday at 2 PM GMT as the US Consumer confidence report was out, but 2.3 pips is the biggest gap you should have seen. And last up is the Dollar/Yen, which has long term average and maximum spreads of point 4 and 1.3 pips respectively. The pair dropped yesterday by almost 1% or 100 pips to hit the low of 108 11. Spreads were at their highest point yesterday at 2 PM GMT as the US data was out, but the max separation was just 1.3 pips. I’m Jack Everitt and that’s it for Wednesday’s Spike controller. Goodbye for now.
It’s Wednesday and this is the Spike Controller brought to you by the Dukascopy Forex TV Team.
All three averages are slightly above the point 3 pip mark for the Euro/Dollar. Peak separation has been 1.9 pips.
The pair has recovered from the low of 1 1519, gaining point 81% or 93 pips.
Spreads have been relatively narrow, peaking at only 1.9 pips almost 24 hours ago.
The Cable’s long term average spread is point 95 pips and maximum has been 2.3 pips.
Trend has been changing for the Pound/Dollar and the biggest move is a decline of point 53% or 71 pips.
Spreads were slightly bumpy yesterday at 2 PM GMT as the US Consumer confidence report was out, but 2.3 pips is the biggest gap you should have seen.
And last up is the Dollar/Yen, which has long term average and maximum spreads of point 4 and 1.3 pips respectively.
The pair dropped yesterday by almost 1% or 100 pips to hit the low of 108 11.
Spreads were at their highest point yesterday at 2 PM GMT as the US data was out, but the max separation was just 1.3 pips.
I’m Jack Everitt and that’s it for Wednesday’s Spike controller. Goodbye for now.
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