Thursday, 19 July 2007

Canadian Dollar Option Volatility Falls as Pace of Rally Expected to Slow

(Bloomberg) -- Canadian dollar options volatility
is declining from a 10-month high as traders bet the rally that
has pushed the currency to a three-decade high will slow.

Falling volatility, the bane of option holders because it
lowers prices, may trigger some investors to switch wagers on
further appreciation into the actual currency.


Read more at Bloomberg Currencies News

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