| Traders in the more than $5 trillion-a-day foreign-exchange market have largely sidestepped the rising volatility and turmoil that rocked stocks and bonds this month amid renewed concern the global economy is weakening.
A measure of volatility is poised for its biggest slide since April as price swings in U.S. Treasuries climb the most in a year. While turnover on CME Inc.’s currencies exchange jumped as much as 45 percent above its six-year average, liquidity has remained intact, with the spread between bids and offers below historical levels, JPMorgan Chase & Co. data show...............................................Full Article: Source
|