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The currency-market snoozefest might not last

File Photo: Given the US dollar’s pivotal place in the global financial system, foreign-exchange volatility is really volatility in the greenback (AP) — File Photo: Given the US dollar’s pivotal place in the global financial system, foreign-exchange volatility is really volatility in the greenback (AP)

2 min read . Updated: 15 Feb 2021, 04:45 PM IST Mike Bird, The Wall Street Journal

Foreign-exchange markets have returned to their pre-pandemic placidity even as stock-market volatility remains elevated

It is quiet in foreign-exchange markets. Maybe too quiet.

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