A new trading week is underway and Dukascopy is back with yet another Spike Controller, so you could assess the fairness of your broker.
Euro/Dollar’s daily average spread is point 4 pips and peak separation has been point 7 pips.
The pair has gained point 39% or 45 pips as it moved towards the 1 17 level.
No major separations have been recorded and point 7 pips is the most you should have been charged.
Next up is the Cable, which has a daily average spread of 2.37 pips. Both of the sides separated by 1 and a half pips during the past 4 hours.
Daily high and low difference is 41 pips or point 31%, which were gained recently.
Spreads were slightly bumpy seconds before 7 AM, but 1.5 pips is the line that shouldn’t have been crossed.
And last up is the Dollar/Yen, which has long term average and maximum spreads of point 38 and 1 pip respectively.
The pair has gained a quarter of a percent or 28 pips to rise above the 111 level.
Spreads have been mostly narrow and 1 pip is the biggest separation you should have seen so far this week.
I’m Kiays Khalil and that’s it for Monday’s Spike controller. Goodbye for now.

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