Keep your broker in check with Tuesday’s Spike Controller brought to you by the Dukascopy Forex TV Team.
Euro/Dollar has a daily average spread of point 32 pips. Maximum separation has been 1.3 pips.
The pair rose above the 1.14 level as it gained point 88% or 100 pips in a steady uptrend.
The US ISM Manufacturing PMI bumped the spreads lightly yesterday at 3 PM GMT, but 1.3 pips is the biggest separation you should have seen.
Next up is the Cable, which has long term average of point 92 pips. Daily peak is 3.9 pips and both of the sides were 3.8 pips apart less than an hour ago.
Pound/Dollar jumped by more than 1% or 141 pips to hit the daily high of 1 2840.
Spreads peaked at 3.9 pips yesterday at 11 PM GMT and both of the sides separated by 3.8 pips today at 9:30 as the UK Construction PMI was out.
And last up is the Dollar/Yen, which has long term average and maximum spreads of point 29 and 1.9 pips respectively.
The pair has been on a slide, dropping by point 86% or 98 pips to break through the 112-level.
Spreads have remained relatively narrow despite the volatile rate movement, peaking at only 1.9 pips yesterday at 6:10 PM GMT.
I’m Kiays Khalil and that’s the situation so far. Thanks for watching and do click back for more.

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