It’s a new trading week, and the Dukascopy TV team is back with another Main Spike Controller.
Spreads have averaged at point 31 pips so far this week for the Euro/Dollar. Max of 1.1 pips took place less than an hour ago.
Gradual rise was followed by a decline of point 44%, which defined the long term volatility of 50 pips.
Spreads have been mostly calm and the max of 1.1 pips took place today at 9:38 in the morning.
The Cable’s spreads have averaged at 1 pip during the last 24 hours, peaking at 2.4 pips.
Pound/Dollar has dropped from the high of 1 3286 by a total of point 38% or 51 pips.
Spreads were elevated for a number of ticks yesterday shortly after 11 PM GMT, but 2.4 pips is the biggest separation you should have seen.
And last up is the Dollar/Yen, which has a daily average of point 42 pips. Both of the sides were 1.3 pips apart during the last hour.
Greenback has been on a slide against the Yen, declining by point 65% or 67 pips to hit the low of 102.
Spreads were at their highest point as the daily low was reached, but make sure you haven’t been charged more than 1.3 pips.
I’m Sam Meredith and that’s all for Monday’s Primary Spike Controller. Check back in throughout the day for the latest updates.
You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#193682
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