Keep your broker in check on this week’s last trading day, 20th of November by watching the Dukascopy primary Spike Controller. I`m Louise McCauley.
Euro/Dollar’s long term average and maximum spreads are point 28 and 3 pips respectively.
This pair has moved sharply down from the high of 1 0763 and it has dropped by close to 1% or 99 pips.
Spreads were higher than usual yesterday at 1:30 PM GMT as the US jobless claims were out, but 3 pips is the biggest separation you should have seen.
The Cable’s spreads have averaged at point 87 pips during the last 24 hours, peaking at 4.8 pips.
Pound/Dollar rose sharply yesterday, gaining point 56% or 86 pips, but it has retreated from the high of 1 5336.
US jobless claims have had the most pressure on the spreads here as well, but 4.8 pips is the most you should have been charged.
Last up is the Dollar/Yen, which has long term average and maximum spreads of point 36 and 5 pips respectively.
The rate moved steeply South by point 51% or 63 pips, but it has rebounded from the low of 122 62.
Spreads were elevated as the US jobless claims were released, but make sure your broker hasn’t increased them artificially above the max of 5 pips.
That brings Friday's Main Spike Controller to an end, but we`ll be updating these stats on an hourly basis, so click back.
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