Spike Controller

Stay on top of your trades this Thursday by watching the primary Spike Controller.
Spreads have averaged at point 24 pips during the last 24 hours for the Euro/Dollar. Maximum separation has been 9.2 pips.
There have been three sharp rises and the biggest move is a gain of point 62% or 67 pips.
The US FOMC rate statement was much anticipated by market participants and it shook up the spreads yesterday at 7 PM GMT.
Both of the sides stayed separated by more than usual for a while, but 9.2 pips is the max you should have seen.
The Cable’s long term average spread is point 94 pips and max separation has been 10.3 pips. Both of the sides were 6.9 pips apart during the last hour.
Pound/Dollar dropped yesterday by a total of point 87% or 125 pips, but the rate has surged during the last 4 hours.
Spreads were up to 10.3 pips yesterday during the Fed’s announcement and both of the sides were 6.9 pips apart today as the preliminary UK GDP was out.
And last up is the Dollar/Yen, which has long term average and maximum spreads of point 37 and 8.7 pips respectively.
This pair rose sharply yesterday, gaining point 8% or 94 pips to hit the daily high of 119 08.
Fed’s announcement caused the spreads to increase here as well, but 8.7 pips is the most your broker should have charged.
I’m Jessica Walker and this was the main Spike Controller for Thursday. As usual, the most up-to-date stats will be available throughout the day with the hourly updates.