It’s time for this week’s first Main Spike Controller. Here’s a closer look at the benchmark interbank price data.
First up is the Euro/Dollar with the average and peak spreads of point 33 and point 9 pips, respectively.
The pair has had a slow start, and the daily volatility of 25 pips was posted during a decline of point 22%.
Spreads were at their highest after 1 o’clock this morning, but they did not exceed just point 9 pips.
The Cable’s long-term average stands at 1.31 pips, and the daily max of 6.9 pips was posted during the last 4 hours.
Pound/Dollar has opened on a bearish note, as it is down by point 76% or 101 pips from its daily high of 1 3273.
UK Manufacturing PMI was out at half past 8 this morning.
Both sides separated as the rate went down, but the daily peak of 6.9 pips did not last longer than a single tick.
And Dollar/Yen’s long-term average spread reaches point 54 pips, maxing out at 3 pips.
The pair went up yesterday, gaining point 67% or 68 pips, but the subsequent movement was more bearish.
The daily high was recorded at 1:45 this morning, but 3 pips is as high as it went.
I’m Celeste Skinner and you’ve been watching the Primary Spike Controller for Monday. Check back in for the hourly updates.
You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#190389
Смотрите Dukascopy TV на вашем языке: http://www.youtube.com/user/dukascopytvrussian
Miren Dukascopy TV en su idioma: http://www.youtube.com/user/dukascopytvspanish
Schauen Sie Dukascopy TV in Ihrer Sprache: http://www.youtube.com/user/dukascopytvgerman
Regardez la Dukascopy TV dans votre langue: http://www.youtube.com/user/dukascopytvfrench
Veja a TV Dukascopy na sua língua: http://www.youtube.com/user/dukascopytvpt