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EURUSD Volatility Cooling as Pair Carves Out Range

FX_IDC:EURUSD   EURO / US DOLLAR
125 0 2
FX volatility is still far more buoyant than the activity gauges of other assets classes. That means there is more room to deflate as the pair continues to carve out its range. When will it finally break 1.15 or 1.08? That will be the decision of time and the eventual fundamental impetus.
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