Substantial Euro declines and US Dollar advances leave forex options market volatility expectations at very elevated levels, pointing to strong currency moves in the week ahead. We have favored and will continue to favor volatility-friendly FX Breakout trading strategies in anticipation that the EUR, USD, and other key pairs will continue to see big moves. Given that financial market volatility tends to cluster, sharp price action most often begets further volatility until markets start to calm.
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[Source: DailyFX Forex Market News]
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