EUR/USD volatility falls to lowest since March

The options market signals a month of quiet and a lull in the US dollar rally. One month implied volatility in EUR/USD been falling since the Greek government rolled over and as August nears.

The good news is that even with volatility down, it remains much higher than the doldrums of last Summer.

Earnings this week and the Fed next week are highlights. Economic data will remain in the spotlight as well.