In today's broadcast, the team at tastylive discussed the muted volatility in FX markets, particularly the Euro (EUR/USD), which is testing key support levels around 1.16, and the dollar's behavior, with anticipation building for upcoming data volatility as the U.S. government reopens. They highlighted the potential for a Federal Reserve rate cut in December, expressing mixed market sentiment with some pairs like the Australian dollar remaining stable while others showed divergence. Options strategies, like diagonal spreads, were also explored, emphasizing the importance of sizing in trading.
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