⚠️CBOE VIX Rises The Most Since October: Cable FX Macro
- Rosbel Durán
- Feb 13, 2024
- 1 min read
The CBOE volatility index has seen range-bound moves for most of this year, daily changes have ranged from around -1.0/+1.0 until today
The VIX Index rose 1.92 points on Tuesday's session to mark the largest upside move since October
At close, the volatility benchmark retraced to 15.85 from session highs of 17.94, meaning there was a +4.0 intra-day move
Despite the price action, the VIX futures curve remains steep, only October contracts tick above the 20.0 mark. Futures from February to May remain below 17.0
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