Here we are in one of the FX markets sporadic periods of greatly reduced volatility, and I'm not just talking about today, or the Asian session ....
Nope ...
Bloomberg with the report:
- The JPMorgan Global FX Volatility Index gauge was at 9.57 percent, near a two-month low of 9.55 reached Oct. 12.... has fallen 1.18 percentage points since Sept. 30, set for the biggest monthly decline since February
- Traders expect the Federal Reserve won't increase its benchmark rate by year-end
- ECB, BOJ, RBA Riksbank have signaled comfort with current settings, while keeping open the prospect of further action if needed
- Commodity Futures Trading Commission data last week showed currency positioning is the most neutral in more than five years, JPMorgan Chase & Co. said in a Oct. 16 note
Yikes ...
