Volatility as an asset class
Volatility has increased for currencies as the euro trades near a 12-year low.
Euro Currency Trust (FXE) is recently up 79c to $104.45. March weekly call option implied volatility is at 21, March is at 16, April is at 12, June is at 10; compared to its 26-week average of 10 according to Track Data, suggesting large near term price movement.
PowerShares DB US Dollar Index Up (UUP) is recently down 16c to $26.20. Overall option implied volatility of 10 compares to[...]