Intraday Market Thoughts

Falling FX Volatility Boosts Risk Trade,New Premium Insights

by Ashraf Laidi
Dec 16, 2011 16:04

Risk appetite is improving after Italy passes austerity, Merkel's centre-right coalition survived a rebellion by eurosceptics, and Italy's Lower House passed the vote on austerity. The sharp decline in EURUSD 1 month volatility (yesterday and today) is helping EURUSD higher along with all other currencies against the US dollar. This risk-on trade is also boosting gold and silver alongside oil. So how High the EURUSD Rebound? Click here for Friday's 10 NEW trades and 5 EXISTING trades Non-subscribers click here


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