31.10.2017 – Spike Controller by Dukascopy
October 31, 2017 11:38 amVideo
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It might be Halloween day, but don’t let that be an excuse for your broker to spook you with inadequate price feed, compare it with these benchmark stats to keep them in check.
Euro/Dollar’s long term average and maximum spreads are point 27 and 1.6 pips respectively.
The pair has walked in a total range of 55 pips, gaining point 47% to reach the high of 1 1658.
Spreads have been mostly calm, peaking at only 1.6 pips yesterday at 7:46 PM as the pair approached the daily high.
Pound/Dollar has a daily average of point 74 pips. Peak separation has been 2.7 pips.
The Cable has gained some ground, rising by a total of point 53% or 70 pips.
US Personal Income and spending report sent the spreads slightly up yesterday at a half past noon GMT, but 2.7 pips is the line that shouldn’t have been crossed.
And last up is the Dollar/Yen, which has long term average spread of point 3 pips. Maximum spread has been 3.3 pips.
The pair dropped by a total of point 64% or 73 pips to hit the daily low of 112 96.
Spreads were slightly bumpy today at 12:54 in the morning, but 3.3 pips is the biggest gap you should have seen.
I’m Kiays Khalil and that’s all for Tuesday’s Spike Controller. Bye for now.
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