3 Dec 2013
Flash: EUR/USD to record smallest annual high-low % ever - Societe Generale
FXstreet.com (Bali) - Societe Generale, in a note to its clients, notes an interesting development in the EUR/USD market this year - - quite telling of the depressed volatility seen - , barring any major surprises before year-end.
As Societe Generale FX Team notes: "EUR/USD is on track this year to record the smallest high-low percentage ever. The intraday high of 1.3832 (October 25) against the intraday low of 1.2746 (April 4) gives the first sub-10% differential in the euro's history."
As Societe Generale FX Team notes: "EUR/USD is on track this year to record the smallest high-low percentage ever. The intraday high of 1.3832 (October 25) against the intraday low of 1.2746 (April 4) gives the first sub-10% differential in the euro's history."