It`s time for us to see if economic news events have influenced the spread levels during the last 24 hours.
Euro/Dollar’s spreads have averaged at a quarter of a pip during the last 24 hours, peaking at 3.2 pips.
Single currency moved up against the Buck in a couple of waves, gaining point 67% or 74 pips.
US data run sent the spreads higher yesterday at a half past noon GMT, but 3.2 pips is the line that shouldn’t have been crossed.
Moving on to the Cable, long term average and maximum spreads are 1.69 and 8.7 pips respectively.
Pound/Dollar dropped by a total of 1.26% or 171 pips, but the rate rebounded from the low of 1 3363.
Spreads were at their highest point yesterday at 6:53 PM GMT during a drop, but 8.7 pips is the most you should have been charged.
And last up is the Dollar/Yen, which has a daily average of point 39 pips. Both of the sides were 3 pips apart early in the session.
Long term high and low difference is 57 pips and it was posted as the rate declined by point 55%.
Spreads peaked today at 5:33 in the morning as the rate rose, but make sure your broker hasn’t increased them artificially above the daily max of 3 pips.
I’m Kiays Khalil and this was the main Spike Controller for Thursday, but do stay tuned for the hourly updates.
You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#187891
Смотрите Dukascopy TV на вашем языке: http://www.youtube.com/user/dukascopytvrussian
Miren Dukascopy TV en su idioma: http://www.youtube.com/user/dukascopytvspanish
Schauen Sie Dukascopy TV in Ihrer Sprache: http://www.youtube.com/user/dukascopytvgerman
Regardez la Dukascopy TV dans votre langue: http://www.youtube.com/user/dukascopytvfrench
Veja a TV Dukascopy na sua língua: http://www.youtube.com/user/dukascopytvpt