Spike Controller

It's time for Friday's Main Spike Controller with a look at the average and peak spread levels over the last 24 hours. Euro/Dollar’s long term average spread is point 31 pips and both of the sides were 1.6 pips apart yesterday. The pair pushed towards the 1 19 level yesterday, gaining point 51% or 60 pips in a sharp rise. Spreads were slightly increased yesterday at 2 PM as the US data was... Еще released, but 1.6 pips is the most you should have been charged. Next up is the Cable, which has a daily average of point 72 pips. Spreads were up to 10.3 pips yesterday. Pound/Dollar plummeted by more than 1% to define the long term high and low difference of 135 pips. Rate was heading sharply lower during the Bank of England monetary policy statement and that’s the time when both of the sides moved 10.3 pips apart. Wrapping up this report is the Dollar/Yen, which has long term average and maximum spreads of point 38 and 2.4 pips respectively. Daily high and low difference is 81 pips and it was posted as the pair declined by point 73%. Spreads were at their highest point yesterday at 2 PM GMT as the US data was released, but 2.4 pips is the biggest gap you should have seen. I’m Kiays Khalil and that's all for this week’s final Spike Controller report.

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