Spike Controller

Dukascopy Spike Controller continues its quest to promote a fair trading environment. Here's a look at the benchmark interbank price stats over the last 24 hours.<br />Spreads have averaged slightly above the point 2 pip mark in all three time ranges for Euro/Dollar. Max separation has been 1 and a half pips.<br />Last 24 hours have been Euro bullish as the pair rose by a total of point 59% or 64 pips to reach the high of 1 0883.<br />Spreads were slightly elevated yesterday at 3 PM GMT as the US consumer confidence was out, but the max separation has been just 1.5 pips.<br />The Cable’s long term average and maximum spreads are point 88 and 4 pips respectively.<br />Pound/Dollar surged yesterday by 1.3% or 184 pips, but the pair has retreated slightly from the high of 1 4368.<br />The US consumer confidence report has had the most pressure on the spreads here as well, but 4 pips is the line that shouldn’t have been crossed.<br />Last up is the Dollar/Yen, which has a daily average of point 34 pips. Both of the sides were 3 pips apart yesterday.<br />Long term high and low difference is 58 pips and it was recorded as the rate moved South by point 49%.<br />Spreads were sent up by the US consumer confidence report here as well, but you shouldn’t have been charged more than 3 pips.<br />I’m Sam Meredith and that's all for this edition of Primary Spike Controller, but you can continue monitoring the quality of your price feed with the hourly updates.