24 Apr 2014
EUR volatility in multi-year lows - Societe Generale
FXStreet (Barcelona) - Kit Juckes, Global Head of Currency Strategy at Societe Generale, noted the EUR volatility fell to 2007 levels...
Key Quotes
"Easy Fed policy and strong earnings reports from the US Tech sector keep equities trundling higher, credit spreads tighter and volatility (almost) dead and buried across asset markets. The last time 3-month EUR/USD volatility was this low (sub-6) was just before the Bear Stearns crisis erupted in August 2007. Think on that as you plan your summer holidays!"
"Today, there is little to fear in the calendar – just Draghi (10:00 am BST, Amsterdam), a Central Bank of Turkey policy meeting and US jobless claims, durables goods orders data."
Key Quotes
"Easy Fed policy and strong earnings reports from the US Tech sector keep equities trundling higher, credit spreads tighter and volatility (almost) dead and buried across asset markets. The last time 3-month EUR/USD volatility was this low (sub-6) was just before the Bear Stearns crisis erupted in August 2007. Think on that as you plan your summer holidays!"
"Today, there is little to fear in the calendar – just Draghi (10:00 am BST, Amsterdam), a Central Bank of Turkey policy meeting and US jobless claims, durables goods orders data."