All the action has been in stocks this year, as any bored foreign-exchange trader will tell you. The market is usually a hub for raucous retail trading but has been largely quiescent during the meme-stock phenomenon.
Stocks are usually more volatile than currencies. But the gulf between the Cboe Volatility Index—the familiar VIX “fear gauge” thatof S&P 500 options—and the Cboe EuroCurrency Volatility Index, which does the same for euro-dollar options, is large by the standards of recent history. The same is true for volatility in other currency pairs.
Mark McCormick, head of foreign-exchange strategy at TD Securities, notes that the growth gap between different countries and the volatility of their currency pair have tended to bear some relation to each other in the past. This makes intuitive sense, given that currencies can be a barometer of economic strength. But any relationship has broken down, with the differences in growth rates between countries still extremely wide.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
What's going on
US🇺🇸dollar dependence in today's multipolar🌎🌍🌏Countries is weaken & will be finish.
SaveMyanmar SaveMyanmar
SaveMyanmar SaveMyanmar
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Complacent stock-market investors underestimate danger of big drop by U.S. dollar, warns veteran currency watcherInvestors underappreciate just how big moves can be in currency markets when cycles turn, says Ulf Lindahl of Currency Research Associates. Please also don't underestimate the insustainabilty of Bitcoin. It's a crime on nature. GretaThunberg FridayForFuture ViennaForFuture Gruene_Austria pressefreiheit gruenewien Die_Gruenen
Source: MarketWatch - 🏆 3. / 97 Read more »
The New York Stock Exchange president says the stock market is not a casino. Here’s what academic research says.With the wild moves in the stock of GameStop and AMC Entertainment, or last week in cannabis makers, it's not illogical to think of the stock market as a... Your right it’s like online gambling 😂🤣😂🤣🤷🏻♂️💎🙌🏻 bitch
Source: MarketWatch - 🏆 3. / 97 Read more »
Bank of America names the emerging market currencies to back as inflation risks mountWith global demand returning and supply bottlenecks likely to drive up shipping, food and energy prices, Bank of America believes emerging market inflation could be on the horizon. I really thank God for making me witness this great opportunity for a liable and trusted person he made me who am today with his amazing trading signals Tonyfred42 Ummmm how about Gold?
Source: CNBC - 🏆 12. / 72 Read more »
How Europe Became the World’s Biggest Electric-Car Market—and Why It Might Not LastEuropeans are buying electric cars at a faster pace than ever, encouraged by government subsidies and the availability for the first time of models built by their favorite brands. But some worry the trend will be short-lived. The trend will stop unless the cars will drive further as goes for the price of such cars coming from a European country myself I don't think the price is justified Europe isn’t US, religious people there are more conscious and protective of nature, and the countries are capable of placing charging stations in most places to make it easier to transition for regular folks. And they don’t have Murdoch cronies poisoning the well, except for UK.
Source: WSJ - 🏆 98. / 63 Read more »