Chile Misses Out on Volatility Collapse as Traders Left Guessing

 Currency swings are tumbling across the globe. In Chile, traders say policymakers are keeping it volatile. Swings in the $7.5 trillion-a-day global foreign exchange market have abated amid the steady rise of algorithmic traders and options strategies. The jolts have eased even in Latin America, home to what at times feels like perennial political turmoil. But in Chile, which appeared to be putting years of upheaval behind it, the peso’s implied one-month volatility hasn’t been this high compared with Brazil since the threat of radical constitutional change rattled investors in 2021 and 2022. 

https://www.bnnbloomberg.ca/chile-misses-out-on-volatility-collapse-as-traders-left-guessing-1.2049397