UK Retail Sales Report Bump Spreads
September 20, 2018 10:58 amVideo
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Welcome traders to another Dukascopy spike controller. The place where you can check if your broker’s price feed is fair.
Euro/Dollar’s daily average spread is point 35 pips and maximum separation has been 1.4 pips.
The pair has gained point 51% or 59 pips to rise slightly above the 1 17 level.
Spreads have been mostly calm during the past 24 hours and the max separation of 1.4 pips lasted just a single tick.
The Cable’s long term average spread is point 88 pips and both of the sides were 3.5 pips apart during the past 4 hours.
Pound/Dollar has been on a bullish run, gaining almost 1% or 120 pips to rise above the 1 32 level.
Spreads were bumpy today at 8:30 AM as the UK retail sales stats were out, but 3.5 pips is the most you should have been charged.
And last up is the Dollar/yen, which has long term average and maximum spreads of point 42 and 1.2 pips respectively.
The pair hit the daily low just pips above the 112 level after moving South by a total of point 32% or 36 pips.
Spreads have been relatively calm here for this pair, peaking at only 1.2 pips yesterday shortly after 1 PM.
That’s the end of this Thursday’s spike controller, but do click back for the mid-day snapshot
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