Hello, traders, the Dukascopy TV team is here with Tuesday’s Spike Controller.
Euro/Dollar’s long term average spread is point 33 pips. Maximum separation has been 2.3 pips.
The pair moved South of the 1 18 level as it declined by point 71% or 84 pips.
Spreads were slightly bumpy yesterday shortly after 1 PM GMT, but the max separation has been just 2.3 pips.
The Cable’s long term average spread is point 75 pips. Both of the sides were 2.3 pips apart during the past 4 hours.
Pound/Dollar declined by a total of point 55% or 72 pips, but the pair rebounded from the daily low, which is just pips below the 1 31 level.
Spreads peaked today shortly before 8 AM as the pair rose, but 2.3 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 44 and 1 pip respectively.
Greenback rose against the Yen by a total of point 49% or 55 pips to approach the 113 level.
Spreads have been relatively narrow for this pair, peaking at only 1 pip today as the pair approached the daily high.
I’m Kiays Khalil and this was the Spike Controller for Tuesday.

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