Don’t let your broker take you for a ride on this week’s last trading day by watching the primary Dukascopy Spike Controller.
First off is the Euro/Dollar and spreads have averaged at point 24 pips during the last 24 hours. Max separation has been 3.7 pips.
Daily high and low difference of 131 pips was posted yesterday as the rate dropped by 1.17%, but most of the loss has been recovered.
US jobless claims sent the spreads higher yesterday at a half past noon GMT, but you shouldn’t have seen a separation bigger than 3.7 pips.
The Cable has a daily average of 1.7 pips and both of the sides were 15.2 pips apart during the last 4 hours.
Pound/Dollar plummeted yesterday by slightly more than 2% or 290 pips to hit the low of 1 3205.
UK Manufacturing PMI rocked the spreads today at 8:30 in the morning, but make sure your broker hasn’t used this news release as an excuse to charge you more than 15.2 pips.
Last up is the Dollar/Yen, which has long term average and maximum spreads of point 37 and 3.9 pips respectively.
Trend has been changing and the biggest move is a rise of slightly more than 1% or 104 pips.
Us jobless claims report has had the most pressure on the spreads for this pair, but 3.9 pips is the line that shouldn’t have been crossed.
I’m Jessica Walker and that’s it for now. As usual, these stats will be updated on an hourly basis, so stay tuned.
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