Spike Controller

This is the Main Spike Controller for Tuesday where we take a closer look at the benchmark interbank price stats. First up is the Euro/Dollar with the average and peak long-term spreads of point 31 and 1.5 pips, respectively. The pair went down yesterday, losing a total of point 57% or 67 pips, but it has rebounded from its lowest point at 1 1696. A number of US releases were out at 2 PM... Еще yesterday, and spreads peaked at 1.5 pips at this this time. The Cable's long-term average reaches point 76 pips, while the daily max of 4 pips was posted during the last 4 hours. Pound/Dollar's single biggest move was a drop of point 62% or 83 pips from its highest point at 1 3312. UK construction PMI was out at half past 8 this morning. Spreads peaked just as the data came out, but 4 pips is the most you should have seen. And Dollar/Yen's average and peak long-term spreads stand at point 41 and 2.3 pips, respectively. The last 24 hours have been mostly bullish for this pair, as it's up by point 6% or 67 pips. The US news releases also shook up the spreads for this pair, but 2.3 pips is as high as they went. I'm Jack Everitt and this was the Primary Spike Controller for Tuesday. Stay with us to follow the latest developments.

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