Bitcoin Reserves Hit 5-Year Low as $2.15B Exits Exchanges – Bulls Quietly Loading the Spring Below $100K 
Lithium Market Poised for Recovery Amid Supply Cuts and Rising Demand 
Silver Spikes to $62.89 on Fed Cut – But Weekly Bearish Divergence Flashes Caution: Don’t Chase, Wait for the Dip 
Goldman Predicts 50% Odds of 10% U.S. Tariff on Copper by Q1 Close 
Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification 
Holiday Economic Questions: What Bank of America Says You Should Expect 
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 
Airline Loyalty Programs Face New Uncertainty as Visa–Mastercard Fee Settlement Evolves 
ETH Bulls Smash Trendline – $4,000 Next as Whale Squeeze Tightens 
Fed Near Neutral Signals Caution Ahead, Shifting Focus to Fixed Income in 2026 
FX vols have been perplexingly soft over the past two weeks in the face of escalating trade war rhetoric and equity markets’ jitters have been the talking point de jour in FX option circles.
Please be noted that the above nutshell evidencing ATM implied volatilities of G10 FX universe which are at its least, almost across all the tenors, IVs have been shrinking amid trade clashes between the US and China.
Volatility is the heart and soul of options trading. With the proper understanding of volatility and how it affects your options you can profit in any market condition. The markets and individual asset class are always adjusting from periods of low volatility to high volatility, so we need to understand how to time our options strategies.
When we talk about volatility we are referring to implied volatility. Implied volatility is forward-looking and shows the “implied” movement in an underlying asset’s future volatility.
Low volatility trading is tough for options traders. When markets are calm premiums are small and narrow - meaning that we cannot sell options far from the current stock price.
In such low volatile circumstances, options strategies such as ratio spreads, butterfly & iron butterfly spreads, condor spreads appear to be conducive.
VXY Global has flat-lined around 7.5 over the past month, a period over which announcement of tit-for-tat bilateral tariffs by the US and China has escalated trade tensions (refer above chart), notwithstanding soundbites from administration officials on both sides to soothe market anxieties.
Aside from a brief spike around the VIX shock in February, VXY still remains 1-sigma cheap even versus mundane business cycle drivers, to speak nothing of risk premium for a trade war. Explanations for this inertness that we have encountered are largely unsatisfying. Courtesy: JPM
Currency Strength Index: FxWirePro's hourly USD spot index is flashing at -114 levels (which is bearish) while articulating (at 08:39 GMT). For more details on the index, please refer below weblink:
http://www.fxwirepro.com/currencyindex.
FxWirePro launches Absolute Return Managed Program. For more details, visit:
