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⚠️ Front-End EUR/USD Volatility No Longer Cheap: Cable FX Macro

Writer's picture: Rosbel DuránRosbel Durán

**As seen in Macro Walk report 11/26/2022, subscribe at cablefxm.co.uk/reports


  • Euro-dollar pair front-end vol is no longer cheap relative to realized volatility, however, moving further out the curve, implied volatility seems to be chasing historic

  • Tenors were subdued this week, with a few exceptions. USD/JPY 1w tenor saw a jump of 340bps to 13.665%, the 1mo tenor increased by 225bps to 13.71%

  • USD/JPY volatility premiums are relatively flat across the curve



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