Dukascopy Forex TV Team is back with yet another primary Spike Controller so you could check how fair your trades have been executed on this Thursday.
Spreads have averaged at slightly above the point 2 pip mark in all three time scales for the Euro/Dollar. Maximum separation has been 1.1 pips.
Long term high and low difference is 55 pips and it was posted as the rate declined by a half a percent.
US New Home sales report sent the spreads slightly up yesterday at 2 PM GMT, but 1.1 pips is the line that shouldn’t have been crossed.
The Cable’s daily average spread is slightly above 1 pip and both of the sides were 3.9 pips apart less than 4 hours ago.
Pound/Dollar has gained a total of point 61% or 74 pips, but the pair dropped from the high of 1 2272.
Daily high was reached as the UK Preliminary GDP was published at 8:30 in the morning and that’s the time of the maximum separation, but 3.9 pips is the most you should have been charged.
And wrapping up this overview is the Dollar/Yen, which has long term average and maximum spreads of point 34 and 1.3 pips respectively.
Greenback has been on a rise against the Yen, gaining point 66% or 69 pips to reach the high of 104 75.
No major spreads have been recorded over the past 24 hours and max of just 1.3 pips took place yesterday at 1:46 PM GMT and it lasted only a single tick.
I’m Jessica Walker and this was the main Spike Controller for Thursday. We`ll be updating these stats on an hourly basis, so stay tuned.
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