Keep your broker in check with the Primary Dukascopy Spike Controller for Monday, 14th of November.
Euro/Dollar’s long term average spread is point 29 pips and maximum separation has been 2.2 pips.
Start of this week has been Euro bearish, the pair has dropped by more than 1% or 113 pips to hit the low of 1 0728.
Despite the volatile rate movement, spreads have been mostly calm, not exceeding 2.2 pips.
Next up is the Cable, which has long term average and maximum spreads of 1.43 and 6.7 pips respectively.
Pound/Dollar moved sharply down in a couple of waves to depreciate by slightly more than 1% or 133 pips.
Spreads were elevated for a number of ticks yesterday at 11 PM GMT, but 6.7 pips is the line that shouldn’t have been crossed.
And wrapping up this overview is the Dollar/Yen, which has a daily average spread of point 46 pips. Peak separation has been 2.4 pips.
Greenback has surged against the Yen, gaining more than 1% or 123 pips to hit the high at just slightly below 108.
Spreads were at their highest point seconds before midnight, but the max of 2.4 pips lasted only a single tick.
I’m Celeste Skinner and that’s the situation so far, but do stay tuned for the latest updates.
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