The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2020 Euromoney, a part of the Euromoney Institutional Investor PLC.
Foreign Exchange

Yours for evermore? Options market illustrates how little is going on

One of my readers challenged me recently to get as many clichés into one story as possible. “Little things please little minds, ” was my response.

Instead, I was going to try and give the column a Sgt Pepper theme this week, as it was 40 years ago today that the Beatles’ seminal album was released. But even with a little help from my friends in the Euromoney office, I couldn’t really get any of the album’s song titles to fit my headlines.

Though they say another day, another dollar neatly describes the vibrancy of the FX market, these days we’d be better off pointing out that history often repeats itself. Just like last year, activity has dwindled and the market appears to have sailed into the summer doldrums rather early. If lessons have been learnt, traders will be battening down the hatches now and trying to make sure that they don’t pee their profits down the toilet – as many did in the latter half of 2006.

Take out a complimentary trial

Take out a 7 day trial to gain unlimited access to and analysis and receive expertly-curated updates direct to your inbox.


Already a user?

Login now


We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree