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Summer Trading Conditions

Hi,
Even though in the beginning of the month we had some nice price movement the volatility is compressing right now and it's starting to feel like summer trading environment. Usually August is the season holiday for the most bankers and trading activity slows down during this time period.
Volatility is very important especially the implied volatility which is the expected volatility not just because it gives us a clue into potential swing movements but usually because major swing high/low in v…
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mcquak avatar
mcquak 20 Ago

Agree. There can not be price movements without volatility! cheers

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Grexit Saga Continues

Grexit or may just Greece default remain the most important trigger of FX volatility in the coming week. The ongoing negotiation between Brussels and Greece are just crazy and I wouldn't be surprised if they will extend again the deadline for the bailout which expire on 30 Jun. I'm not expecting anything new on the Monday's summit, and that should be the case if you take in consideration how things unfolded so far.
However all this uncertainty has failed to produce any meaningless moves in the F…
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