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Photographer: Andrew Harrer/Bloomberg Currency traders searching for the next big n...
Currency Traders Look Past U.S. Politics to Fed Meet for Outlook – Bloomberg
Photographer: Andrew Harrer/Bloomberg Currency traders searching for the next big narrative are looking past the turmoil in U.S. politics and focusing instead on what the Federal Reserve will do. Bets on swings in the euro are at their highest for the three-week contract, which includes the Fed’s policy meeting on Jan. 27. By contrast, two-week options that capture a U.S. House impeachment vote, U.S. President-elect Joe Biden’s inauguration and then the next European Central Bank meeting are the lowest point …