The specialists expect that annual exchange-rate price swings on some major currencies may double. In particular, the single currency’s trading range may widen from $1.1877-$1.4579 this year to $1.1-$1.5 in 2011. The greenback’s rate may travel from 70 to 100 yen, while in 2010 it traded between 80.22 and 94.99 yen.
As a result, UBS thinks that companies need to increase hedges against greater exchange rates fluctuation.
Chart. Daily EUR/USD
| SPX 500 Futures | 1326.65 | +4.15 | +0.31% | |||
| NQ 100 Futures | 2546.80 | +10.55 | +0.42% | |||
| US 30 | 12529.75 | +33.60 | +0.27% | |||
| DAX | 6380.00 | +64.11 | +1.02% | |||
| UK 100 | 5369.30 | +19.25 | +0.36% | |||
| Japan 225 | 8580.39 | +17.01 | +0.20% | |||
| US Dollar Index | 82.19 | -0.24 | -0.29% |
| Gold | 1563.25 | +5.75 | +0.37% | |||
| Silver | 28.300 | +0.143 | +0.51% | |||
| Copper | 3.458 | +0.030 | +0.87% | |||
| Crude Oil | 91.16 | +0.50 | +0.55% | |||
| Natural Gas | 2.661 | -0.048 | -1.77% | |||
| US Cotton No.2 | 74.53 | +0.59 | +0.80% | |||
| US Coffee C | 167.43 | +1.90 | +1.15% |
| Euro Bund | 143.84 | -0.13 | -0.09% | |||
| Euro BTP | 102.66 | +0.52 | +0.51% | |||
| Euro BOBL | 126.165 | -0.035 | -0.03% | |||
| UK Gilt | 119.56 | +0.10 | +0.08% | |||
| US 2 YR T-Note | 110.20 | +0.00 | +0.00% | |||
| US 10 YR T-Note | 133.42 | +0.05 | +0.04% | |||
| US 30 YR T-Bond | 147.20 | +0.09 | +0.06% |
