FX Traders Hunting for Certainty Pile Into Bets on Volatility.

While Monday's increase in option-implied currency volatility as measured by a JPMorgan Chase & Co. index was the third biggest of 2020, similar gauges of turbulence for U.S. shares and interest rates surged by the most in years. These unusual patterns may prove fleeting, but while they are occurring, traders are embracing the rising tide of higher volatility in the currency market. [Extracted from the article]

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