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Understanding the Volatility and Outlook for Euro

By FX360 June 01, 2012, 12:21:17 PM EDT

TODAY'S BIGGEST PERCENTAGE MOVERS

EUR/CAD +144 pips +1.13
CAD/JPY -75 pips -1.00
EUR/AUD +109 pips +0.85

THE STORIES IN THE CURRENCY MARKET

EXPECTATIONS FOR UPCOMING FED MEETINGS

CURRENT US INTEREST RATE: 0.25%
06/20 Meeting 07/31 Meeting
NO CHANGE 64.0% 64.0%
CUT TO 0.00% 36.0% 36.0%
HIKE TO 0.50% 0.0% 0.0%

UNDERSTANDING THE VOLATILITY AND OUTLOOK FOR EURO

USD: NFP GAME CHANGER FOR FED

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GBP: TIME FOR BOE TO EASE AGAIN?

AUD: EXTENDS LOSSES AHEAD OF RATE DECISIONS

JPY: SMELLS LIKE INTERVENTION BUT IS IT?

EUR/USD: Currency in Play for Next 24 Hours




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

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