That doesn’t augur too well for my GBP/JPY position and hope of plentiful volatility! The latest interbank option volatilities show increases in EUR/USD and AUD/USD, with the market anticipating the possibility of further range break-outs, but vols are lower in cable and USD/JPY, with the market settling in for some range trading ahead?
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Interbank option volatilities: GBP and JPY vols turn lower
Interbank option volatilities: GBP and JPY vols turn lower
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