Forex options market volatility expectations have once again dropped considerably to start the week’s trade, giving mixed outlook for trading strategy biases in the week ahead. Our 1-week volatility index trades at its lowest levels in nearly 14 months. Yet volatility expectations on key US Dollar pairs remain quite elevated—making forecasts very much unclear. Given such indecision, we will essentially keep a wait-and-see approach to broader trading strategies. The first several days of the week should give indication on whether we can expect big price moves and strong trends in the following days.

Read the original:
Forex Strategy Outlook: US Dollar Forecast Holds Key to Strategy Bias