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Spike Controller
0 Views • Jan 28, 2016
Description
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.
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.
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.
The Cable’s long term average and maximum spreads are point 88 and 4 pips respectively.
Pound/Dollar surged yesterday by 1.3% or 184 pips, but the pair has retreated slightly from the high of 1 4368.
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.
Last up is the Dollar/Yen, which has a daily average of point 34 pips. Both of the sides were 3 pips apart yesterday.
Long term high and low difference is 58 pips and it was recorded as the rate moved South by point 49%.
Spreads were sent up by the US consumer confidence report here as well, but you shouldn’t have been charged more than 3 pips.
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.
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