Spike Controller

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You are in the right place to find out if any of the economic news events have influenced the spread levels during the last 24 hours.
Euro/dollar has a daily average spread of point 26 pips and maximum separation has been 4 pips.
Last 24 hours have been bearish for this pair, it has declined by a total of 1.49% or 163 pips to hit the low of 1 0773.
Spreads were sent higher by the US data run yesterday at 3 PM GMT, but 4 pips is the biggest separation you should have seen.
The Cable’s long term average spread is point 88 pips. Max of 8.4 pips took place yesterday and both of the sides were 6.7 pips apart during the last hour.
Pound/Dollar dropped by slightly more than 1% or 154 pips yesterday and the rate movement has been relatively flat afterwards.
Spreads were up to 8.4 pips yesterday during the US data run and today’s UK construction PMI publication sent them up to 6.7 pips.
And last up for this overview is the Dollar/Yen, which has long term average and maximum spreads of point 3 and 2.5 pips respectively.
Daily high and low difference is 98 pips and it was posted as the rate moved North by point 83%, but some of the gains have been given up.
US data run has had the most pressure on the spreads for this pair as well, both of the sides were 2 and a half pips apart yesterday at 3 PM GMT.
I’m Sam Meredith and that’s it for Tuesday’s primary Spike Controller. These stats will be updated on an hourly basis, so stay tuned.

Author: dukascopy
Tags: spike spreads dukascopy forex news currency trading pips
Posted: 26 January 2016
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Spike Controller