Spike Controller
Find out what have been the maximum spreads so far this week by watching the primary Dukascopy Spike Controller. I`m Sinead MacLaughlin.<br />Spreads have averaged at point 32 pips so far this week for the Euro/Dollar. Maximum separation has been 1.3 pips.<br />The rate declined by point 44% or 47 pips, but it rose from the low of 1 06.<br />Preliminary French PMI has had the most pressure on the spreads for this pair, but the max separation has been just 1.3 pips.<br />The Cable’s long term average and maximum spreads are 1.11 and 3.5 pips respectively.<br />Pound/Dollar has been moving lower from the high of 1 5197 and it has declined by point 38% or 57 pips.<br />Spreads were higher than usual for a number of ticks yesterday at 11 PM GMT, but 3.5 pips is the biggest gap you should have seen.<br />Dollar/yen’s daily average spread is point 42 pips and maximum separation has been 1 pip.<br />The rate moved sharply up during the early trading hours, gaining point 37% or 45 pips.<br />No major spreads have been recorded so far this week and the max of just 1 pip took place yesterday at 11:24 PM.<br />This brings Monday’s main Spike Controller to an end. We`ll be updating these stats on an hourly basis, so do stay tuned.