It’s time for Tuesday’s Dukascopy Spike Controller. Let’s take a look at the average and peak spread levels for the three non-cross majors. Euro/Dollar’s daily average spread is point 34 pips and maximum separation has been 2 pips. The pair took a sharp decline today as it plummeted by a total of point 58 percent or 67 pips to hit the low of 1 1423. Spreads were slightly bumpy yesterday at 11 PM GMT, but 2 pips is the line that shouldn’t have been crossed. The Cable’s spreads have averaged at slightly less than one pip over the past 24 hours, peaking at 5 pips yesterday. Pound/Dollar rose by point 81 percent or 104 pips yesterday, but it has since given up most of the gains. Spreads were above their usual level for a number of ticks yesterday, but 5 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 35 and 1.6 pips respectively. Greenback rose against the Yen, gaining point 71 percent or 77 pips, moving above the one hundred and eight level. Spreads have been mostly calm, peaking at only 1.6 pips yesterday at 11 PM GMT. I’m Kiays Khalil and this was the Spike Controller for Tuesday.
It’s time for Tuesday’s Dukascopy Spike Controller. Let’s take a look at the average and peak spread levels for the three non-cross majors.
Euro/Dollar’s daily average spread is point 34 pips and maximum separation has been 2 pips.
The pair took a sharp decline today as it plummeted by a total of point 58 percent or 67 pips to hit the low of 1 1423.
Spreads were slightly bumpy yesterday at 11 PM GMT, but 2 pips is the line that shouldn’t have been crossed.
The Cable’s spreads have averaged at slightly less than one pip over the past 24 hours, peaking at 5 pips yesterday.
Pound/Dollar rose by point 81 percent or 104 pips yesterday, but it has since given up most of the gains.
Spreads were above their usual level for a number of ticks yesterday, but 5 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 35 and 1.6 pips respectively.
Greenback rose against the Yen, gaining point 71 percent or 77 pips, moving above the one hundred and eight level.
Spreads have been mostly calm, peaking at only 1.6 pips yesterday at 11 PM GMT.
I’m Kiays Khalil and this was the Spike Controller for Tuesday.
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