Derived Data That Drive Results
By Jeremy Boulton — Feb 03 - 02:50 AM
EUR/USD drops 1.1034-1.0882 EBS in wake of Fed/ECB meetings
Benchmark option vol sinks towards 7.5
Big decline in vols is a strong signal trend near its end
Traders betting heavily on a rise may be inclined to take profit
Target for minimum tech correction of the uptrend is 1.0459
Source:
Refinitiv IFR Research/Market Commentary
