Volatility continues to decline in the EUR/PLN. The total daily range in May was only 2.2 percent. This compares to over 4.7 percent in the month prior. The open to close range was even tighter at only 0.45 percent. On the chart we marked May 2016 with a rectangle to make it easier to spot.
With the summer season slowly creeping in, we will probably see volatility and volume continue their downward trends. This will mean more of the same boring ranges in the EUR/PLN. Our second chart below a lon…
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