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This Article is From Apr 02, 2017

Trump, Xi Meeting Seen Tame by Currency Options Traders: Chart

Trump, Xi Meeting Seen Tame by Currency Options Traders: Chart

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(Bloomberg) -- U.S. and Chinese relations have at least one good thing going ahead of President Xi Jinping's meeting with President Donald Trump next week in Florida: options aren't pointing to a big increase in currency volatility. One-week dollar-yuan implied volatility is close to its post-devaluation lows despite Trump's fiery rhetoric toward China's trade and currency policies. The pair has traded mostly sideways since the inauguration.

--With assistance from George Lei

To contact the reporter on this story: Luke Kawa in New York at lkawa@bloomberg.net.

To contact the editors responsible for this story: Jeremy Herron at jherron8@bloomberg.net, Randall Jensen, Dave Liedtka

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