Currency volatility is surprisingly low (2)

It's not like news to lead to some major trend in the dollar or the euro, according to Maer, an analyst at Deutsche Bank. There is no perception among market participants that the news currently produced will lead to a complete change in the game, said the expert.
As an example, the ruble can be given. In the light of US sanctions, the 1-month volatility of the dollar-ruble currency pair is at a two-year high. However, this is an isolated case, against the backdrop of what is happening with other major currency pairs, experts say.
Even the Chinese president's comments for "an eye for an eye" play would trigger a serious trade war failed to scare investors. Traditionally during trade wars, the dollar is cheaper. However, this does not seem to be the case at the moment.