Currency volatility eases as 'peak tweet' reached
Stefania Spezzati and Vassilis Karamanis
Updated
Falling volatility in currency markets suggests traders are getting used to the rhetoric in US President Donald Trump's tweets.
Euro-dollar volatility, a measure of expected swings, has fallen to levels seen before the election in November, after spiking to a five-month high on Trump's victory. Currencies have moved sharply on his comments, though this fits a trend of presidents having the greatest market impact at the start of their terms when they talk a lot, according to Kit Juckes, a strategist at Societe Generale in London and a veteran of more than three decades of research.
Loading...
Bloomberg
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Latest In Currencies
Fetching latest articles