Spike Controller
Keep your broker in check by watching the Primary Spike Controller brought to you by the Dukascopy Forex TV Team. I'm Monica Gibson.<br />Euro/Dollar has a long term average spread of point 26 pips and maximum separation has been 2 and a half pips.<br />This pair has been moving up from the low of 1 0631 and it has gained a total of point 58% or 62 pips.<br />German ZEW Survey was released yesterday at 10 AM and that’s the time of the peak daily spread, but you shouldn’t have seen a separation bigger than 2.5 pips.<br />Pound/Dollar’s spreads have averaged at point 89 pips during the last 24 hours, peaking at 6.4 pips.<br />The Cable rose sharply during the last 4 hours and it gained a total of point 4% or 61 pips.<br />Spreads were higher than usual for a number of ticks yesterday at 1:30 PM GMT as the US CPI was out, but you shouldn’t have been charged more than 6.4 pips.<br />Last up is the Dollar/Yen, which has long term average and maximum spreads of point 32 and 4.1 pips respectively.<br />Last 24 hours have been generally calm for this pair and the biggest move is a rise of point 24% or 30 pips.<br />The US CPI release has had the most pressure on the spreads here as well, but anything far above the max of 4.1 pips should be questioned.<br />That concludes the Main Spike Controller for Wednesday. These stats will be updated on an hourly basis throughout the day so stay tuned.