Check your broker’s honesty on this Thursday by watching the primary Dukascopy Spike Controller.
Point 23 pips is the long term average spread for the Euro/Dollar. Maximum separation has been 1.7 pips.
The pair rose from the low of 1 0666, gaining point 67% to define the daily volatility of 71 pips.
Spreads have been mostly calm, peaking at only 1.7 pips yesterday at 11 PM GMT.
The Cable’s daily average spread is 1.15 pips and maximum separation of 4.2 pips took place less than an hour ago.
Pound/Dollar rose sharply during the last 4 hours, gaining a total of point 78% or 97 pips.
UK retail sales were out today at 9:30 and that’s the time of the peak daily spread.
Both of the sides separated as the daily high was reached, but you shouldn’t have seen a separation bigger than 4.2 pips.
Last up is the Dollar/Yen, which has long term average and maximum spreads of point 36 and 2.3 pips respectively.
The pair has depreciated by a total of 1.1% or 121 pips to hit the daily low of 108 55.
Spreads were slightly elevated yesterday shortly after 11 PM GMT, but 2.3 pips is the most you should have been charged.
I’m Celeste Skinner and this was the main report for Thursday, but we’ll be updating these stats every hour, so stay tuned.
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