14.09.2016 – Spike Controller by Dukascopy

By | September 14, 2016

You’re watching the Main Spike Controller for Wednesday. Let’s take a closer look at the average and peak spreads for the three non-cross majors.
Euro/Dollar’s long-term average spread stands at point 23 pips, whereas the daily max reaches exactly one pip.
The pair went down yesterday afternoon, losing half a percent or 56 pips, but it has recovered some ground.
Spreads peaked after 6:21 yesterday evening, but 1 pip is as high as they went.
The Cable’s spreads have averaged at point 95 pips over the last 24 hours, peaking at 3.4 pips within the last 4 hours.
This pair is down as well, as it lost point 81% or 108 pips, although it has rebounded from its lowest point at 1 3166.
UK Labour Report was out at half past 8 this morning, and spreads peaked at 3.4 pips just ahead of the release.
And last up is the Dollar/Yen with the average long-term spread of point 35 pips. The daily peak of 2.4 pips was posted within the last 4 hours.
The last 24 hours were bullish for this pair, as it gained 1.48% or 151 pips, but it has lost some ground this morning.
Spreads were at their highest after 8:49 this morning, but you should not have seen anything much higher than 2.4 pips.
I’m Sam Meredith and this was the Primary Spike Controller for Wednesday. Check back in throughout the day for the latest updates.

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