Let’s find out if there have been any significant spread increases so far this week.
Euro/Dollar’s daily average spread is point 42 pips and peak separation has been 3 and a half pips.
The pair has been on a rise, gaining point 47 percent or 53 pips to rise above the 1.14 level.
Spreads were slightly bumpy yesterday at 11 PM GMT, but you shouldn’t have seen a separation bigger than 3.5 pips.
Next up is the Cable, which has long term average and maximum spreads of 1.31 and 18.8 pips respectively.
Pound/Dollar has been trending up as well and the pair gained point 43 percent or 55 pips.
Spreads were elevated for a while yesterday at 11 PM GMT, but make sure your broker hasn’t charged you more than 18.8 pips.
And last up is the Dollar/Yen, which has a daily average spread of point 4 pips. Peak separation has been 1.9 pips.
The pair dropped by point 56 percent or 61 pips to hit the daily low just pips above the 108 level.
Spreads were slightly up yesterday at 11 PM GMT, but 1.9 pips is the line that shouldn’t have been crossed.
I’m Kiays Khalil and that’s all for Monday’s Spike Controller. Bye for now.

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