Dukascopy Forex TV Team is bringing you the primary Spike Controller on a daily basis so you could assess the quality of your broker’s price feed.
A quarter of a pip is the long term average spread for the Euro/Dollar. Maximum separation has been 1.7 pips.
The pair dropped yesterday by point 74% or 79 pips to hit the daily low at 1 0564.
Spreads have been mostly calm and the maximum separation of only 1.7 pips took place yesterday shortly after 11 PM GMT.
The Cable’s long term averaged is slightly above the 1 pip level and maximum spread has been 4.7 pips.
Pound/Dollar has shot up recently and total gain measures at point 75% or 93 pips.
Spreads were elevated for a while yesterday at 11 PM GMT here as well, but 4.7 pips is the line that shouldn’t have been crossed.
Last up is the Dollar/Yen, which has long term average and maximum spreads of point 44 and 1.9 pips respectively.
Trend has been shifting sharply and the biggest move is a decline of slightly more than 1% or 118 pips.
No major spreads have been recorded during the last 24 hours, peak of just 1.9 pips took place yesterday at 12:21 PM GMT.
I’m Jessica Walker and this was the main Spike Controller for Tuesday. These stats will be updated on an hourly basis, so click back for the most up-to-date stats.
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