According to SocGen, the EURUSD pair is currently at 1.11696. In the month of August, there has been a rise in volatility in 75% of the years since 2003.

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EURUSD Chart by TradingView

Ahead of the summer, G10 volatility has just hit its lowest level since early 2022. Fed tightening cycles kill Dollar volatility until data suggest that the economy will need rate cuts, economists at Société Générale report.

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