Keep your broker on a short leash by watching Dukascopy Spike Controller. I'm Kiays Khalil with the benchmark interbank price stats. Spreads have averaged at less than point 3 pips in all three time scales for the Euro/Dollar. Maximum separation has been 1.6 pips. The pair has declined below the 1.13 level and it moved South by a total of point 73 percent or 83 pips. Spreads have been mostly narrow, peaking at only 1.6 pips yesterday minutes after 2 PM GMT. The Cable's daily average spread is point 84 pips and maximum separation has been 3.8 pips. Pound/Dollar has had a bearish run, moving further South of the 1.30 level as it declined by more than one percent or 146 pips. Spreads were slightly bumpy yesterday at 1:30 PM GMT as the US CPI stats were out, but 3.8 pips is the most you should have been charged. And last up for this overview is the Dollar/Yen, which has long term average and maximum spreads of point 28 and 1.3 pips respectively. Greenback rose against the Yen to break through the 111 level as the pair appreciated by point 49 percent or 54 pips. Spreads were slightly increased yesterday at 1:30 PM here as well, but the biggest gap was just 1.3 pips.


This overview can be used only for informational purposes. Dukascopy SA is not responsible for any losses arising from any investment based on any recommendation, forecast or other information herein contained.

Analysis feed

Latest Forex Analysis

Editors’ Picks

EUR/USD remains depressed but off daily lows

The EUR/USD pair is recovering from a daily low of 1.1216, although holding in negative territory for the day. US preliminary Michigan Consumer Sentiment Index improved by less-than-anticipated in July, coming in at 98.4 vs. the 98.5 expected.


GBP/USD trading marginally lower daily basis but above 1.2500

The Pound gave back some of its Thursday’s gain on dollar’s relief. The GBP/USD pair broke a daily descendant trend line coming from June’s high and holds above it, leaving little room for sellers to act.


USD/JPY: bears pausing, still in control

Japanese National Inflation steady at 0.7%YoY in June. US Michigan Consumer Sentiment Index expected at 98.5 in July. USD/JPY corrective advance falling short of signaling an interim bottom in place.


Something has spooked the Fed

We wish we knew what it is. Wild talk of the US joining Japan and Europe with zero or negative return on the 10-year is or should be very frightening.

Read more

Gold consolidates around $ 1440, eyes US data for fresh direction

Gold (futures on Comex) extends its side-trend around the 1440 mark into the mid-European session, having stalled its retreat from 2019 highs of 1454 near 1437 region.

Gold News