Once a month, we publish the Motion in the Markets as a gauge of trading ranges for different markets. We'll summarize them below.
- Treasuries: Ranges decreasing
- Foreign Exchange (Currencies): Pairs have larger ranges than outrights.
- Crude Oil: Prices at highs; implied volatility at lows; ranges still high
- Gold ranges widen and pairs ranges contract
- Agriculture: Corn implied volatility expanding; pairs' ranges contract