Loading…
Strategists see opportunity in cheap sterling volatility as the pound has traded mostly in a $1.29-$1.31 range this quarter. Implied six-month volatility has fallen to 7.87% from 12.78% at the end of last year.
Options markets are pricing the October 31 Brexit deadline.
This is options commentary on currency volatility with no new supply or demand driver for feed commodities. It has no meaningful price implication for feed markets.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.