Keep your broker on a short leash by watching Dukascopy Spike Controller for this Thursday.
Euro/Dollar’s daily average spread is point 35 pips and maximum separation has been 1.1 pips.
The pair has been mostly trading sideways and the biggest move was a decline of point 44% or 50 pips yesterday.
Spreads have been relatively narrow for this pair, peaking at only 1.1 pips yesterday at 11 PM GMT.
Next up is the Cable, which has a daily average spread of slightly more than 1 pip. Peak separation has been 7.4 pips.
Pound/Dollar has been trending South from the high of 1 2799, depreciating by a total of point 78% or 100 pips.
Spreads were elevated for a while yesterday at 11 PM GMT, but 7.4 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 32 and 2.6 pips respectively.
The pair dropped by point 58% or 66 pips to hit the daily low, but it rebounded shortly afterwards.
Spreads were at their highest point yesterday at 11 PM GMT here as well, but 2.6 pips is the line that shouldn’t have been crossed.
That brings Thursday’s Spike Controller to an end. Goodbye for now.

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