Nature of the volatility curve has changed

Large funds are much more cautious about risk ; currency volatility is a key source of return; other asset class managers used FX to diversify risk

Monday 30 May 2011 at 17:00

Ben Wright (Financial News) Currencies have obviously gone through a period of high volatility. UBS brought out a note saying that it expected currencies to remain in a period of super-volatility into this year. Would you agree or do you think that currencies are normalising?

Neville Bulgin (Deutsche)