Mon, Jun 21, 2021
A A A
Welcome vaishu
RSS

Commodities Briefing - Categorized | Currencies more

Currencies becalmed but some see trouble ahead

Posted on 27 April 2012

Some of the biggest players in foreign exchange sense trouble ahead for the euro and believe a major shakeout is coming, even though forward-looking FX derivatives point to yet more lethargy.

Judging from options prices, which measure how much volatility traders are predicting, the euro in broad terms is expected to move just 1.8% either side of where it is currently trading, at just over $1.32. That’s about a third less than the market anticipated at the start of the year, and it also mirrors a broader market trend: the so-called implied volatility priced into a whole host of major currencies is at its lowest level in years………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 48800 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
banner
banner
June 2021
S M T W T F S
« Nov    
 12345
6789101112
13141516171819
20212223242526
27282930