The trading week is coming to an end, but don’t let your guard down and keep checking your broker’s price feed with the Primary Spike Controller.
Euro/Dollar’s spreads have averaged at point 23 pips during the last 24 hours, peaking at 1.6 pips.
Trend has been shifting and the biggest move is a decline of point 55% or 63 pips.
Last 24 hours have been calm in terms of spreads, max of just 1.6 pips took place yesterday at a half past noon GMT during the US data run.
The Cable’s long term average spread is point 95 pips and max separation has been 3 pips.
Pound/Dollar has moved South from the high of 1 3187, declining by point 58% or 77 pips.
US data run sent the spreads higher yesterday at a half past noon GMT here as well, but 3 pips is the most you should have been charged.
Last up is the Dollar/Yen, which has long term average and maximum spreads of point 41 and 2.7 pips respectively.
The pair hit the daily low of 99 85 after dropping by point 64% or 64 pips, but most of the loss was recovered.
Spreads were above their usual level for a number of ticks yesterday at a half past noon GMT as the US data was released, but 2.7 pips is the line that shouldn’t have been crossed.
I’m Jessica Walker and this was the main Spike controller for Friday, but you can track the latest developments by clicking back for the hourly updates.
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