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EURUSD has traded in a narrow 1.15 to 1.25 range for eight months as monetary and fiscal policies pull in opposite directions. Implied volatility is near historic lows, and the author expects the pair to eventually break out of its range.
This is general currency analysis with no new price-moving event, so it has limited direct impact on feed commodity prices.
cmegroup.comMay 23, 2018Not 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.
