A substantial up or down move observed in an asset's price over a small time frame that often appears as a single line on a bar chart. In the forex market, the exchange rate of currency pairs can sometimes spike higher or lower after concerted Central Bank Intervention occurs as speculative traders exit their positions and stop loss orders are triggered.
Browse by Subjects
Commodity agreement
runaway gap
Asymmetric shock
relief rally
See All Related Terms »

average price
Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA)
off balance sheet asset
buffer stocks