Euro dollar volatility surges

London (Reuters) – FX SIGNALS _ The dollar edged up on Wednesday as euro-dollar volatility hit the highest level of the year in response to worries about the Omicron variant, while the dollar found support in renewed expectations for interest rates hikes. Dollar Up Alongside Surge in U.S. Treasury Yields

The dollar index rose 0.03% to 95.997 at 0920 GMT, after it registered its strongest month since June, despite volatility triggered by Omicron. Forex Liquidity And Volatility

Euro/dollar volatility levels have reached the highest level this year with the euro climbing to a two-week high on Tuesday, before losing ground as the dollar strengthened. Forex Volatility – What Are The Most Volatile Currency Pairs?

“Realised one-month EUR/USD volatility has spiked to the highest levels of the year as fears over Omicron, but hawkish comments from Fed Chair Powell throws the dollar around,” ING told clients. US Dollar climbs as energy surge

Federal Reserve chair Jerome Powell signalled the central bank may speed up the pace of its bond-buying taper at its meeting later this month. He also told lawmakers it was time to retire his description of price pressures as transitory.

“This means that the Fed sees inflation not only temporarily, but in the long term at an elevated level, which in turn implies interest rate hikes by the Fed,” said Moritz Paysen, FX trader at Berenberg.

The euro fell 0.1% versus the dollar to $1.1325. Volatility trading

On Tuesday, a warning from drugmaker Moderna (NASDAQ:MRNA) that existing vaccines are unlikely to be as effective against the Omicron variant as they are against other strains, led to a surge of interest in safer assets.

Later, BioNTech’s chief executive struck a cautiously positive note, saying the vaccine it makes in a partnership with Pfizer (NYSE:PFE) would likely offer strong protection against severe disease from Omicron.

FX Signals

Euro dollar volatility surges

Daily Forex Signals

Euro dollar volatility surges

Forex Signals Learning Guides, to help you get started with trading. Grow your Learning knowledge on the capital markets. URL FxPremiere.com was Founded in 2010. Since then has grown with over 23,000 live subscribers globally. Daily Trading Alerts are sent by our VPS Networks worldwide via Telegram. Subscribe to our Signals and start receiving Forex Day Trading Signals from the very next trade! Forex Signals Learning Guides below with guide you with every trade you make!

Here at FxPremiere Group we keep you updated with the Compare Forex Brokers charting system, as well as sending you Direct Forex Signals by our Telegram Services globally daily.

FX Signals

The most traded pairs of currencies in the world are called the Majors.EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CHF, NZD/USD and USD/CAD, Gold, Oil and many many more… Forex Trading comes with it high risk. We help by referring only the very best forex brokers available in the marketplace. Your in safe hands with our partners.Forex Signals Telegram SignalsFxPremiere.com Learning centre is now available for all to read. With blog posts written monthly on the most common searched terms.

Euro dollar volatility surges