The volatility of the euro-dollar hits new low and deepens the misery of the currency market

As 2019 moves towards its final month, currency markets show no sign of waking from their slumber, with key gages of expected swings in this week's euro-dollar rate plumbing new records.

When central bank monetary policies since 2009 saturated financial markets with liquidity, implied volatility gages rooted in currency derivatives markets have been bumping along at multi-year lows. Traders who make money when there are large exc....