The Dukascopy TV team continues its quest for fair market conditions with the Spike Controller for this Wednesday.
Euro/Dollar’s spreads have averaged at point 33 pips during the past 24 hours. Maximum separation of 1.7 pips was posted yesterday.
Daily high and low difference is 70 pips and it was posted as the pair moved South by a total of point 62%.
Spreads have stayed relatively narrow over the course of 24 hours, separating by a max of 1.7 pips yesterday a minute after 11 PM GMT.
The Cable’s daily average spread is point 95 pips and maximum separation has been 4.9 pips.
Pound/Dollar has been calmer than usual and the biggest move is a decline of point 41% or 53 pips.
Spreads were above their usual level for a while yesterday at 11 PM GMT, but 4.9 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 27 and 2.6 pips respectively.
Greenback has been on a rise against the Yen, gaining point 36% or 41 pips.
Spreads have been mostly calm, peaking at 2.6 pips yesterday at a quarter past 6 PM during a decline.
I’m Jack Everitt and this was the Spike Controller for Wednesday. Bye for now.

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