One-week implied volatility relative to one-month IV for cable, euro, and kiwi top the board of major USD-pairs when it comes to expected short-term price fluctuations.
Golden News Blog
Bitcoin futures launched on the CBOE overnight and immediately hit problems with price volatility causing two trading stoppages.
Crude oil prices are attempting to recover after breaking a two-month uptrend. Gold prices are digesting losses and looking to the FOMC rate decision as the next key catalyst.
Asian markets were in the green as a new week kicked off. Investors were looking hopefully to the US Federal Reserve’s final monetary policy meeting of the year
The New Zealand Dollar soared after Adrian Orr was named as the next RBNZ governor. The Japanese Yen may fall further as risk appetite swells across the markets.
The New Zealand Dollar got a Monday boost from news that the search for the Governor of its home central bank was over, and that Adrian Orr would take up the post in March.
The Euro selling pressure struggled to sustain momentum after a 6-day losing streak brought the currency to the lowest level in three weeks against the US Dollar.
With PMI readings pointing to growth momentum at multi-years highs and inflation expectations at their highest level of 2017, an upgrade to the European Central Bank’s 2018 forecasts could help the Euro reverse some of its recent losses.
The ASX 200 offered two, divergent prospects a week ago. Now the range of possibilities seems to have narrowed to just one, which is good news for bulls.
The British Pound crumbled after touching an 18-month high following a breakthrough in Brexit negotiations, finishing the week broadly lower against other major currencies.
This coming week highlights three central bank meetings, with the FOMC expected to raise rates on Wednesday, while we’ll hear from the ECB and BoE on Thursday.