You're watching the Primary Spike Controller with the benchmark interbank price stats so you can be sure you're always getting the best deals from your broker. Euro/Dollar’s long term average spread is point 26 pips and maximum separation has been 1.6 pips. Trader’s favorite pair has declined from the high of 1 0878, dropping by point 67% or 73 pips. Last 24 hours have been calm in terms of spreads, max of only 1.6 pips took place yesterday at 6:30 PM as the rate rose. The Cable’s spreads have averaged at point 87 pips during the last 24 hours, peaking at 4 pips. Pound/Dollar dropped yesterday by close to 1% or 139 pips, but most of the loss was recovered as the rate rose from the low of 1 4352. Spreads were elevated for a number of ticks yesterday shortly after 11 PM GMT, but you shouldn’t have seen a gap bigger than 4 pips. Last up is the Dollar/Yen, which has long term average and maximum spreads of point 33 and 3.3 pips respectively. Greenback has surged against the Yen, gaining point 85% or 100 pips to hit the high of 118 38. Maximum separation was recorded today at 1:15 AM GMT, but 3.3 pips is the most you should have been charged. I’m Sam Meredith and this was the Main Spike Controller for Wednesday. As usual, these stats are updated on an hourly basis throughout the day so stay tuned.
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