Spike Controller
Dukascopy Forex TV Team has once again been scrutinizing the interbank spread levels to provide you with the primary Spike Controller. I`m Monica Gibson.<br />Euro/Dollar’s long term average and maximum spreads are point 27 and 1.3 pips respectively.<br />The rate has dropped sharply today, declining from the high of 1 0781 by a total of point 83% or 90 pips.<br />Last 24 hours have been calm for the spreads, maximum of only 1.3 pips took place yesterday at 3:47 pm GMT.<br />The Cable’s daily average spread is point 95 pips and maximum separation has been 3.6 pips.<br />Long term high and low difference of 105 pips was posted as the rate gained point 69%, but it has dropped from the high of 1 5247.<br />Spreads were slightly elevated yesterday at 12:20 PM GMT, but the max of 3.6 pips lasted just a single tick.<br />Last up is the Dollar/Yen, which has a daily average of point 39 pips. Maximum separation has been 1.7 pips.<br />The biggest move has been a decline of point 36% or 44 pips, but the rate rebounded from the low of 122 74.<br />No major spreads have been recorded during the last 24 hours and the max of 1.7 pips took place today at 5:38 in the morning.<br />This was the main Spike Controller for Thursday. As usual, these stats will be updated every hour, so stay tuned.