*As seen in Macro Walk report 04/07/23, subscribe at cablefxm.co.uk/reports
The front-end of the volatility curve jumped this week, we noted the NZD/USD options market diverging here, but this could be a development of RBNZ risk getting out of the way
Ahead, the docket has U.S. CPI and FOMC minutes. Volatility premiums in the 1w tenor increased as we headed into major risk events. EUR/USD premium reached the highest since February
1w tenor IV-HV differentials are led by CAD and AUD, the latter has seen the 1m vol rise as RBA is seen pushing a final Cash Rate hike through the calendar
Comments