23.10.2017 – Spike Controller by Dukascopy
October 23, 2017 10:37 amVideo
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It’s Monday and you’re watching the Dukascopy Spike Controller, where we’ll provide you with the benchmark interbank price stats for 3 non-cross majors.
Euro/Dollar’s long term average spread is point 32 pips and peak separation of point 8 pips was posted during the past hour.
Rate movement has been relatively calm, the pair has declined by a total of point 37% or 43 pips.
There have been no major shake-ups for spreads – biggest separation has been only point 8 pips.
The Cable’s daily average spread is point 85 pips and both of the sides separated by 1.6 pips yesterday.
Pound/Dollar rose to the high of 1 3227 before dropping by point 48% or 64 pips.
Spreads were slightly increased yesterday at 11:17 PM GMT, but 1.6 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 31 and 1 pip respectively.
Trend has been shifting and the biggest move has been a decline of point 42% or 48 pips.
Start of the week has brought no major separations – peak of just 1 pip took place just a second after midnight.
I’m Jessica Walker and that’s all for this week’s first Spike Controller report.
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