It’s Wednesday and this is the Spike Controller brought to you by the Dukascopy Forex TV Team. Euro/dollar’s long term average spread is point 32 pips and peak separation has been 1.4 pips. Rate movement has been calmer than usual and the biggest move is a decline of point 31% or 37 pips. Spreads have been relatively narrow for this pair, peaking at only 1.4 pips yesterday at 1:46 PM GMT. The Cable’s daily average spread is point 9 pips and maximum separation has been 2.2 pips. Pound/Dollar rose by a total of point 39% or 51 pips yesterday, but the pair has since given up most of the gains. US Consumer Confidence bumped the spreads yesterday at 2 PM GMT, but 2.2 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 35 and point 8 pips respectively. The pair rose briefly above the 113 level as it gained point 26% or 29 pips, but most of the gains were given up afterwards. No major separations in terms of spreads here, both of the sides were point 8 pips apart yesterday at 2 PM GMT. I’m Kiays Khalil 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.
Euro/dollar’s long term average spread is point 32 pips and peak separation has been 1.4 pips.
Rate movement has been calmer than usual and the biggest move is a decline of point 31% or 37 pips.
Spreads have been relatively narrow for this pair, peaking at only 1.4 pips yesterday at 1:46 PM GMT.
The Cable’s daily average spread is point 9 pips and maximum separation has been 2.2 pips.
Pound/Dollar rose by a total of point 39% or 51 pips yesterday, but the pair has since given up most of the gains.
US Consumer Confidence bumped the spreads yesterday at 2 PM GMT, but 2.2 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 35 and point 8 pips respectively.
The pair rose briefly above the 113 level as it gained point 26% or 29 pips, but most of the gains were given up afterwards.
No major separations in terms of spreads here, both of the sides were point 8 pips apart yesterday at 2 PM GMT.
I’m Kiays Khalil and that’s it for Wednesday’s Spike controller. Goodbye for now.
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