News: Implied FX volatility gauges jump as dollar demand intensifies

  1. 184,651 Posts.
    lightbulb Created with Sketch. 2711

    LONDON, March 19 (Reuters) - Expected price swings for some of the world's biggest currencies rocketed to multi-year highs on Thursday as a broad rush for U.S. dollars forced traders to dump currencies across the board.

    Expected volatility gauges for the British pound against the dollar leapt to 24.4%, its highest level since before the 2016 Brexit vote. The pound tumbled to its lowest levels since 1985 in chaotic trading. GBP1MO=

    Similar moves were seen in euro-dollar one-month implied volatility, with the gauge rocketing to its highest level since the euro zone crisis at above 14% EUR1MO=FN

 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.