The already incredible low volatility of the US dollar to the Taiwan dollar somehow over the past few weeks managed to drop volatility even lower than before. The range trading has tightened further from 30.42 to 31 by a tighter range of 30.65 to 30.94. This is truly incredible, even for the foreign exchange market which has suffered (or enjoyed given your...
This pair is significantly manipulated (as stated by the US Department of Treasury), lacks volume, and therefore lacks volatility. Will likely move sideways for some time to come.
