It’s Monday and time for the Dukascopy Spike controller, where we’ll provide you with the benchmark spread data.
Euro/Dollar’s long term average spread is point 37 pips and peak of point 7 pips was posted during the past 4 hours.
Rate movement has been calm so far this week, the biggest move is a decline of point 2% or 23 pips.
Spreads were bumped slightly up today at 6 AM as German Factory Orders stats were out, but the max separation was just point 7 pips.
The Cable’s daily average spread is point 89 pips and peak separation has been 1.4 pips.
Pound/Dollar has moved South of the 1 30 level as it declined by point 55% or 71 pips.
Spreads were slightly bumpy at 7:20 in the morning, but 1.4 pips is the biggest separation you should have seen.
And last up is the Dollar/Yen, which has long term average and maximum spreads of point 36 and point 7 pips respectively.
Rate movement has been flat here, the biggest move is a rise of point 19% or 21 pips.
Spreads have been as calm as the rate movement, max separation of point 7 pips took place today at 12:55 AM.
I’m Jack Everitt, and that’s it for Monday’s Spike Controller report.

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