Tatiana Dementieva
Yesterday there was another volatility decline as GBPUSD was traded in a narrow price range. The macroeconomic indicators had almost no impact on the price behavior. Investors were focused on the solution of Greece’s debt problems. Common eurozone bonds became one of the few solutions. Moreover, France and China promised to support Greece.
Today’s news block is to provide the data on the US and eurozone’s labor market and consumer prices. The key events of the day are Ben Bernanke and Jean-Claude Trichet’s speeches.
Today the currency pair is being traded between 1.5721 and 1.5911. According to the Department of Options, , volatility purchases are still risky.
Tatiana Dementieva
