Tumble in EUR/NOK volatility

EUR/NOK ATR(14) is at minimums across several time frames, from 30min to daily charts.

Volatility shrunk to levels not seen in several weeks of trading independently from trend direction. This signal augurs poorly for short-term traders because they indicate less direction for trend following and less volatility for mean reversion. It is advised to look for a catalyst and subsequent change in dynamics before entering EUR/NOK trades.

Nov 30, 2015

Negative short-term JGB rates reflect easing – BOJ’s Kuroda

Additional headlines from BOJ’s Governor Kuroda hit the wires last hours, as he continued to speak in Nagoya on Japan’s economy and monetary policy.

China stocks extend sell-off, rest of Asia cautious

The stocks on the Asian bourses had a cautious start to the week and traded lower, as the extension of the sell-off in China stocks weighed on investors’ sentiment.