Volatility
Quick look at lowered FX volatility in the face of dramatic news announcements
Submitted by Tyler Durden on 04/28/2009 06:15 -0500Over the past few months, we've been seeing decreased volatility in USD and JPY despite a slew of body blows coming out on the news calendar. From broad based indicators (ups and downs of second derivs of major demand indicators) to specific items that do not seem restricted to the "unlikely to repeat" pile going forward (anything FOMC related) we have to wonder if the pressure is building.
