Rabobank: Implied volatility in EUR/USD edging lower

Rabobank analysts suggest that EURUSD’s 3 month implied volatility in has edged lower towards its 2017 low even after its recent correction of the past few sessions.

Key Quotes

“Rather than reflect an elevated list of uncertainty, the relatively low level of volatility would seem to hint at the opposite. This can likely be linked with expectations regarding central bank policy.”