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More evidence the euro is about to explode out of its tight trading range (which way TBD): The...

More evidence the euro is about to explode out of its tight trading range (which way TBD): The implied volatility of the euro/dollar exchange rate has collapsed, sharply diverging from its relationship with EU stocks. This sort of action may not last for too long. Today is seeing a bit of breakout - to the downside. FXE -0.5%. (see also)
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