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It's been quiet this year in EUR/USD trading... too quiet
As we wrap up the first quarter of the year, Deutsche Bank has a look at the euro and notes that EUR/USD volatility and the range of the pair has been surprisingly narrow, particularly given the volatility in fixed income.
One of our favourite ways of thinking about the FX outlook is the ten big figure rule. All this says is that EUR/USD needs to achieve at least a ten big figure max-min range over the course of a year," writes FX strategist George Saravelos. "This is simply in line wit... Read More
Posted: Mar 30 2023, 15:20
Author Name: forexlive
Views: 101888
